In light of the increasing likelihood of a no-deal Brexit, the EU Commission and Council have now completed final preparedness preparations.

In the event there is a no-deal Brexit, the EU will apply third-country tariffs and customs rules at its borders with the UK, including customs checks and controls, as well as verification of compliance with EU norms. Significant delays at borders are expected. As concerns State aid, current EU rules also provide a means for assisting businesses encountering no-deal Brexit difficulties.

The EU Council has also passed a series of legislative measures as part of the no-deal preparedness preparations, concerning social security, fisheries, transport and the Erasmus programme, amongst others.

Detailed tax-related no-deal Brexit preparedness documents can be located here.