
At Stella Maris Solicitors, we can provide quality legal advice in relation to Brexit, should you require it.
Brexit Timeline and Key Dates
January 31st, 2020: Britain left the EU
November 26th, 2020: Trade Deal must be presented to European Parliament for ratification
December 31st , 2020: End of the Transition Period and the UK fully leaves the EU
January 1st , 2021: New rules will be introduced and the UK will begin a new relationship with the EU
The UK has already left the EU with the Withdrawal Agreement
This agreement had only set out the process of how the UK would leave the EU, it did not detail the future relationship between them. Negotiations on the future relationship were always intended to be held after 31 January 2020 and during the transition period.
During the transition period, the UK continues to follow EU rules and trade
Until the transition period ends, life in the UK will remain the same as it was pre-Brexit while the UK and the EU negotiate their deal.
After 31 December 2020, the UK will automatically drop out of the EU’s main trading arrangements
These main trading arrangements include the Single Market and the Customs Union. Failure for both parties to reach a deal will mean that future trading with the EU will have to follow the standard WTO trading rules.
This will mean:
The UK has signed an agreement in principle with Japan
The UK government reports that this agreement means 99% of UK exports to Japan will be free of tariffs; this is very similar to the deal the EU signed with Japan back in 2018.
The UK is also a part of 40 trade deals made by the EU with more than 70 countries
19 of these deals have been rolled over for the UK’s post-transition period and will therefore continue to apply when the UK has left the EU.
However, any trade deals that are not rolled over will cease on 31 December 2020, and future trade deals will be based on the WTO terms until an alternative deal is reached.
What you can do now:
Travelling to the EU:
Staying in the UK if you are an EU citizen:
Continuing to live and work in the EU:
If you require legal advice in relation to Brexit, do not hesitate to contact us, either by email at mail@stellamarissolicitorsllp.co.ukor phone on 01793680053.