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Points to consider during transition period

Source: HM Revenue & Customs | 05/02/20

Now that the formal Brexit withdrawal agreement is agreed, there will be changes to the rules for living, working, travelling and doing business in the UK and EU. These changes are expected to commence at the end of the transition period, from 1 January 2021.

While in the transition, the current rules on trade, travel, and business for the UK and EU will continue to apply.

Much is likely to change from 1 January 2021. This will include rules in relation to healthcare, driving, pet travel and mobile data roaming. For example, the European Health Insurance Card (EHIC) will be valid up to 31 December 2020, but its future remains uncertain after 1 January 2021.

Anyone driving in Europe may also need an international driving permit (IDP) to drive in some countries as well as an insurance 'green card' and a GB sticker.

The existing pet passport scheme will change from 1 January 2021 as will the guarantee of free mobile phone roaming throughout the EU, Iceland, Liechtenstein and Norway.

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Some accountancy websites also provide pages and pages of tax information, helpsheets, etc. We prefer to give clients personally tailored advice. So, if you want details of tax rates and allowances just go to the HMRC website on which you should find what you’re looking for. If you need more individual advice please contact us.

Below are links to websites you may find of interest, but as we like to support our local community and clients, we have included links to websites that may be of interest:

HMRC

FT

BBC

VEALE WASBROUGH VIZARDS

CESP

PRACTICE INDEX

SIMCOMM ACADEMY

More Local:

FOOTPLATE EXPERIENCE

ANGLEBURY PRESS

OFFCAMBER.CO.UK

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Sandisons is the trading name of Sandisons Limited. Registered office: Badger House, Salisbury Road, Blandford Forum, Dorset DT11 7QD.  Co. Reg. No. 05068291

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