Brexit transition period

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Revision as of 20:47, 24 December 2020 by imported>Doug Williamson (Update. Source: ICAEW.)
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The Brexit transition is a period under the UK-EU withdrawal agreement in which the UK is no longer a member of the EU, but continues to be subject to EU rules and remain a member of the single market and customs union.

It is due to run from 1 February 2020 to 31 December 2020.


The transition period was designed to allow the UK to continue its current relationship with the EU while future security cooperation and trading relationships are negotiated.

The UK government does not use the term transition: instead it refers to this period as an “implementation period”.


On 24 December 2020 the UK and European Commission agreed the terms of a post-Brexit free trade agreement due to come into provisional application - subject to parliamentary ratification by the UK and the EU - from 1 January 2021.


See also


Other links

Brexit - ACT Resources