On 29 March 2017, the UK notified the European Council of its intention to withdraw from the EU in accordance with Article 50 of the Treaty on European Union. The European Council adopted a set of political guidelines on 29 April 2017, which define the framework for the negotiations and set out the EU's overall positions and principles. Brexit negotiations between the EU and the UK began on 19 June 2017.

On 14 November 2018 the Heads of State/Government of the remaining 27 EU Member States approved a Withdrawal Agreement  negotiated by the European Commission and the UK Government. A Political Declaration on future EU-UK relations was also approved at the same time. The agreement, which was endorsed by the European Council on 25 November 2018, includes a transition period up to the end of 2020, during which the EU will treat the UK as if it were a Member State, with the exception of participation in the EU institutions and governance structures. This transition period can be extended by up to 1 or 2 years to be decided by 30 June 2020.

The Withdrawal Agreement has not yet been ratified by the UK Parliament.

The UK’s membership of the EU was initially due to lapse at midnight in Brussels on 30 March 2019 (or 11pm in London on 29 March 2019), two years from the day it formally notified of its intention to withdraw from the EU.However, the European Council (Article 50) decided, in agreement with the United Kingdom, to extend further the two-year period provided for by Article 50, until 31 October 2019. The Miscellaneous Provisions (Withdrawal of the United Kingdom from the European Union) Act 2019 was enacted on 17 March 2019 in preparation for the possibility that the UK fails to agree a deal for their departure from the European Union.

September 2018 - Customs Fundamentals, John O’Loughlin, PwC & Ruud Tusveld (formerly PwC Netherlands)

December 2017 - Q&A with speaker, John O’Loughlin, PwC Ireland at the Irish Tax Institute’s Customs Brexit Briefing

June 2017 - Brexit - Tax and Legal Considerations, Johnny Hanna & Fionn Uibh Eachach KPMG & Anne Fairpo, Temple Tax Chambers (available to members via Blackboard Learn)

June 2017 - Irish Tax Institute Commentary - An Overview of Brexit and the tax challenges

Irish Tax Review (available via Taxfind to all members):

2019, Issue 1 - The Strategic Banking Corporation of Ireland: Helping Irish SMEs
Nick Ashmore & John Madigan, Strategic Banking Corporation of Ireland

Issue 2, 2018 - “Trusted Trader Status” as a Post-Brexit Solution?
Mark Brennan & John O’Loughlin, PwC

Issue 3, 2018 - Brexit Relocation: Immigration and Tax Considerations, Amanda-Jayne Comyn & Aoife Gillespie, Philip Lee

Issue 1, 2017 - Brexit: How to Navigate the Certainty and Uncertainty,
Jennifer Hawkins & John O’Loughlin, PwC

Issue 2, 2017 - Brexit: The People Implications,
Sarah Connellan & Marie Caulfield, EY

Issue 3, 2017 - “Brexit”: Potential Direct Tax Effects in Ireland,
Aidan Meagher & Claire Fitzgerald, EY

Issue 3, 2016 - Brexit: The Vote Is In,
Amanda-Jayne Comyn, Grant Thornton

Issue 2, 2016 - “Brexit”: Threat or Opportunity for Ireland?,
Tim Sarson & Sinead Murdock, KPMG

TaxFax Updates (available via Taxfind to all members):

19 July 2019 - Revenue intensifying engagement with businesses on preparations for Brexit

29 March 2019 - Brexit: ESRI Report on the impact of a 'deal' and 'no-deal' scenarios

15 March 2019 - Brexit – Revenue updates

1 March 2019 - Government publishes further information to prepare for Brexit

22 February 2019 - Government publishes Brexit Omnibus Bill

22 February 2019 - Revenue issues press release on businesses preparations for Brexit

15 February 2019 - Institute seeks enhancements to the VAT deferral scheme for imports post-Brexit

8 February 2019 - Government agrees VAT measure to mitigate cash-flow burden post-Brexit

8 February 2019 - Revenue writing to businesses about preparations for Brexit

25 January 2019 - Government publishes draft Brexit ‘No Deal’ legislation

20 December 2018 - Contingency Plans for a No-Deal Brexit