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Brexit Bulletin

Up to Date Brexit News

Theresa May’s failure to win approval for the conditions of the withdrawal arrangement by a 230-vote allowance is the worst government overcome in UK history. With 70 days to go before the UK is scheduled to depart the EU that the fantastic doubt of Brexit lasts for individuals and company alike.

Confidence without supply

The defeat of this withdrawal invoice resulted in a no-confidence vote Wednesday night — a vote that the embattled leader dwelt with 118 conservative MPs who voted against the withdrawal invoice financing the Prime Minister. Today Theresa May has appealed to opposition leaders to meet up with her for discussions before she’s to present an alternate proposal to parliament on Monday.

Speaking in a televised address after the vote, the UK Prime Minister attempted to reassure the nation she is in control of the Brexit procedure and stated : “Today MPs have made clear exactly what they do not desire, we should all work constructively together to set out what parliament does desire.”

The Guardian has released a breakdown on how MP’s voted at the no-confidence movement.

Brexit bites

This week we rounded up a few of this response to the goings on in the UK Parliament within the past few days.

What is the solution? “When a bargain is hopeless, and nobody needs (a) no price, then that will eventually have the guts to state exactly what the only positive answer is?”

Profound regret — Chief EU Brexit negotiator Michel Barnier stated that the EU”profoundly regrets” that the Commons vote to the Withdrawal Bill and stated no bargain Brexit is likely.

Time is nearly up – President of the European Commission Jean-Claude Junker urges that the UK to explain its intentions whenever possible.

Debts, bills and more bills – The Irish authorities meanwhile declared intends to release its Brexit omnibus bill on 29 February which covers 17 areas that may require legislation in case of a no-deal Brexit.

Border checks — Throughout Leader’s queries this week, Taoiseach Leo Varadkar explained that Ireland is implementing no price strategies which means potential checks at airports and ports in both Dublin and Rosslare. The Taoiseach stated that tests aren’t being proposed across the land boundary around the island of Ireland or in sea.
Revenue regional Brexit conventions. 

Revenue regional Brexit seminars

Revenue will host the following seminars in January to help address the potential customs implications of Brexit and how these challenges can be addressed.  Book by clicking the links below.

If you have a specific topic you wish covered, you can email brexitqueries@revenue.ie outlining the details. 

More seminars will be added subject to demand and the Brexit dedicated page on the Revenue website will be updated with further information as it becomes available.

Update from HMRC

HMRC are deceiving traders regarding actions they could take to prepare in case of a no price Brexit. It is possible to read the upgrade using this hyperlink .

Institute’s Brexit advice

Members are advised that the Institute has released a string of Back to Brexit Basics that can help you comprehend Brexit and its potential implications for you and your company. The free customs manual Taking the Lead: Chartered Accountants and Brexit ready by the Institute and also ICAEW will even help company in the united kingdom and Ireland receive a grasp of habits duties post-Brexit.

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