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Brexit

Brexit

Stress Testing the UK Constitution – Part II

Brexit

Last week, the European Court of Justice heard the arguments in the Article 50 Brexit case. I shared my thoughts on how, in times of upheaval a country’s constitution is stress tested, and the important role of the courts comes to the forefront, see here. This morning, the Court’s Advocate General, an eminent Spanish lawyer called Manuel Campos Sánchez-Bordona, published his “Opinion” in the case.

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Burness admin

Stress Testing the UK Constitution

The intensity of the debate over Brexit has caused me to reflect on how in times of upheaval a country’s constitution is stress tested, and the important role of the courts comes to the forefront. 

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Burness admin

Experts on Brexit - Trade

Put simply, trade is the economic mechanism that involves the transfer of goods or services from one person or entity to another.

Trade has been one of the key issues throughout the Brexit process, both in the pre-referendum debate and during the subsequent withdrawal negotiations.

Global geopolitics and everyday business practicalities all impact on how trade is carried out between nations and specific markets, and the impact of Brexit on both the UK and European economies remains to be seen.

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ChrisA

Experts on Brexit - Financial Services

Financial services is one of the most important sectors to Scotland’s economy, employing 161,000 people and providing £12bn of GVA.

Brexit means different things to different companies in Scotland’s financial sector, but irrespective of what happens, how do we ensure we continue to be successful in the global market? What are this risks and what can be done to mitigate them? Graeme Jones, CEO of Scottish Financial Enterprise discusses this as part of our Experts on Brexit series.

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ChrisA

Brexit – trading in a no-deal scenario

If the UK and the EU fail to agree the terms of our withdrawal from the EU prior to March 2019, we will find ourselves in a “no-deal” or “cliff edge” scenario.

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Burness admin

Brexit - Can We Change Our Mind?

Last week the top Scottish court allowed a selection of MSPs, MPs and MEPs to ask an important question.  The question, in short, is: where a member state has served notice of intention to withdraw from the EU, can that notice be unilaterally revoked and, if so, on what conditions and with what effect? They needed the permission of a court to ask that question of the Court of Justice of the European Union (“CJEU”). That permission was granted.

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Burness admin

Brexit Latest: Is No-Deal a Big Deal?

With the publication of the UK government technical guidance notes for the possibility of a no-deal Brexit, following on similar guidance from the EU, it feels more than ever that the possibility of such a scenario has to be taken seriously.

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Burness admin

No-Deal Brexit - VAT Do You Do Next?

Ronnie Brown

Along with a number of others, a paper on the likely VAT regime that the UK would face after a no-deal Brexit has been published by the Government on 23 August 2018.

There are various points to note. 

Firstly, we will still have VAT after March 2019!

Genuine concerns that VAT would be payable on EU goods at point of import have been allayed. Postponed accounting for import VAT will apply to imports from the EU and, as added “bonus”, from the rest of the world too, which means VAT will paid on both through quarterly or monthly VAT returns instead.

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LChalmers

State Aid And A No Deal Brexit - Everything Changes, Everything Remains The Same

The UK Government recently issued a total of 10 guidance notes, being the first of a series of notes on the potential effects of a “no deal” Brexit. The note “explains to state aid givers and beneficiaries how the state aid rules will apply in the United Kingdom in the unlikely event that the UK leaves the EU in March 2019 with no agreement in place.”

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Burness admin

Experts on Brexit - Food & Drink

Brexit preparations are taking place in businesses across all sectors of the Scottish economy, and those in the food & drink sector are no different. In fact, with issues such as exports, the future workforce, protection for geographical indicators and grants for farming & agriculture to be finalised, the effects could be widely felt.

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Burness admin