Money, benefits and pensions - Brexit information

The UK is preparing to leave the European Union. There are two main options for leaving: with a ‘withdrawal agreement’ and a period of time to put necessary arrangements in place; or without an agreed deal. A ‘no-deal’ Brexit may involve changes to benefits and pensions.

Benefits and pensions

You can find out information about benefits and pensions at the following links:

Financial services

If there is no deal there may also be changes to financial services such as banking and insurance for individuals, businesses, EEA residents and financial services institutions.

VAT on imported goods (including vehicles)

If the UK leaves the EU without a deal, import VAT will be due on goods you move from Ireland to Northern Ireland.

For example, if you are importing a car or other vehicle from the Republic of Ireland to Northern Ireland you may need to pay import VAT depending on the type of vehicle. You will need to do this within 14 days of the vehicle arriving in Northern Ireland.

 

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