Clarkslegal LLP - Solicitors in Reading and London

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Ready or not, here change comes! How will your contracts change with the UK’s upcoming tariff regime and departure from the EU?

19 February 2020 #Commercial #Corporate #Brexit #Transition Period #Trade tariffs #EU


On 6 February 2020, the UK Department for International Trade (DIT) launched a public consultation to begin shaping the country’s new independent global tariff policy following the UK’s departure from the EU. The upcoming regime will enter into force on 1 January 2021.

If your company is involved with contracting cross border trade deals for goods and services this is the time to consider the terms of those contracts.

Should the contract be in Sterling or Euro? What will the impact be on anticipated changes to VAT rules? Do your contractual provisions relating to Frustration and Force Majeure deal adequately with Brexit?

We have recently seen a number of clients seek advice about including price adjustment clauses and so called “Brexit Clauses” to ensure the commercial viability of their contracts post transition period.

Now is the time to review your cross border contracts. If you would like support with securing your post-Brexit interests or have questions generally, we would be happy to help.

Clarkslegal, specialist Commercial lawyers in London, Reading and throughout the Thames Valley.
For further information about this or any other Commercial matter please contact Clarkslegal's commercial team by email at contact@clarkslegal.com by telephone 020 7539 8000 (London office), 0118 958 5321 (Reading office) or by completing the form on this page.
Disclaimer
This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full General Notices on our website.

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Chrysilla de Vere

Chrysilla de Vere
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E: cdevere@clarkslegal.com
T: 0118 960 4636
M: 0774 863 8845

Ashan Arif

Ashan Arif
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E: aarif@clarkslegal.com
T: 0118 960 4651
M: 07825 040 062

Stuart Mullins

Stuart Mullins
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E: SMullins@clarkslegal.com
T: 0118 960 4672
M: 0777 630 5578

Jon Chapman

Jon Chapman
Senior Consultant

E: jchapman@clarkslegal.com
T: 0118 960 4683
M: 07979 591 627

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Commercial team
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