UK Brexit delayed till 31 Oct 2019
- EU VAT
- Apr 11, 2019 | Richard Asquith
EU leaders have agreed today to delay again the UK’s exit from the EU until 31 October 2019. The UK may leave earlier if its Parliament passes the draft Withdrawal Agreement negotiated with EU states last year.
This 31 October date will be subject to the UK participating in EU Parliamentary elections in May – failure to do so would mean the UK leaving on 1 June without a deal.
The UK will remain a full member of the EU during this new delay period. This means it remains within the EU VAT regime, Customs Union and Single Market. There is therefore no change during this delay period to the terms of trade between the UK and EU for VAT, tariffs or customs declarations.
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