The Finnish Tax Administration is following the Brexit negotiations
The United Kingdom and the European Union are negotiating the terms for UK withdrawal from the Union. On 29 March 2017, the UK government left a withdrawal notice for giving up EU membership. This started a two-year negotiation period, ending 29 March 2019.
The Brexit negotiations currently have two alternatives:
- If no agreement is reached on a transition period and its contents, the UK will leave the Union without a transition period. The resignation means that the UK will become a non-EU country as of 30 March 2019.
- The withdrawal agreement is approved, with a transition period until 31 December 2020. During the transition period, the UK will be treated as a EU Member State.
Brexit will bring changes to cross-border trade and affect both consumers and companies. The Tax Administration will give guidance on the potential effects when there is more information available regarding the negotiations.
Further information Customs website.