Brexit transition period: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Source: Institute for Government webpage https://www.instituteforgovernment.org.uk/explainers/brexit-transition-period) |
imported>Doug Williamson (Classify page.) |
||
Line 37: | Line 37: | ||
=== Other links === | === Other links === | ||
[https://www.treasurers.org/hub/technical/brexit Brexit - ACT Resources] | [https://www.treasurers.org/hub/technical/brexit Brexit - ACT Resources] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] |
Revision as of 12:25, 26 January 2020
The Brexit transition is a period under the UK-EU withdrawal agreement in which the UK will no longer be a member of the EU but will continue to be subject to EU rules and remain a member of the single market and customs union.
It runs from 1 February to 31 December 2020.
The transition period will allow the UK to continue its current relationship with the EU while the future trading relationship and security cooperation are negotiated.
The UK government does not use the term transition: instead it prefers to refer to this period as an “implementation period”.
See also
- Article 50
- Brexit
- Brexit Britain
- Brexit Day
- Brexodus
- Cliff edge
- Department for Exiting the European Union
- Department for International Trade
- Equivalence
- European Economic Area
- European Free Trade Association
- European Union
- Frexit
- Great Repeal Act
- Grexit
- Hard Brexit
- Make UK
- No Brexit
- No Deal
- Parliamentary supremacy
- Schengen Area
- Sovereignty
- United Kingdom