Until a withdrawal agreement has been ratified by the UK and EU Parliaments or Article 50 has been revoked by the UK no deal remains a possible end state for the Brexit process.
Unless a trade deal between the UK and the EU is ratified the default outcome for businesses at the end of the transition period on 31 December 2020 is that the UK will trade with the EU on third country terms (a no deal scenario).
In order to support our members in preparing for this possibility, techUK has produced information and guidance to help our members get ready.
techUK partnered with Deloitte to host a series of webcasts and produce FAQs pages across a number of key areas to provide support for trading on third country terms with the EU.
These can be accessed below and include:
• 20 FAQs on data flows in the event of a no deal Brexit
• 30 FAQs on people in the event of a no deal Brexit
• 20 FAQs on business regulations in the event of a no deal Brexit
• 20 FAQs on import and export in the event of a no deal Brexit
*Please note this information was prepared in the run up to a possible no deal outcome prior to the ratification of the Withdrawal Agreement. This means there may be some references to the Withdrawal Agreement and Political Declaration in the materials. However, the terms on which the UK would trade with the EU in the event of no deal remain the broadly same (this is with the exception of in Northern Ireland where arrangements are still to be confirmed).
For more information please contact: