On 31 January 2020, the UK officially left the European Union (EU). On 24 December 2020, the Trade and Cooperation Agreement (TCA) was struck between the UK and EU, resolving a number of key issues.
On 1 January 2021 the ‘transition period’, during which many EU laws still applied, ended. The European Union (Withdrawal Agreement) Act 2020 ensured that most EU law in force in the UK on this day was retained in domestic UK law (known as ‘retained EU law’). Despite the large body of retained EU law, Brexit and the TCA have led to multiple important developments that businesses should be aware of.
Read this guide to understand some of those changes and how best to help your business navigate Brexit.