Set out below is a selection of the key updates, announcements, developments and guidance issued by HMRC in recent weeks to help businesses and individuals prepare for the post EU transition period. Note that some of the guidance still refers to a no-deal Brexit scenario. See our Brexit update also.

• The UK has announced its new tariff regime the-UK Global Tariff. This will replace the EU’s Common External Tariff on 1 January 2021 at the end of the Transition Period
• A command paper setting out the UK’s approach to the Northern Ireland Protocol has been published
• The seventh European Union (Withdrawal) Act and Common Frameworks statutory report detailing the progress on the development of common frameworks has been published
• The Chancellor of the Duchy of Lancaster’s statement in the House of Commons on the UK’s approach to the Northern Ireland Protocol has been published
• Current expected processing times for applications to the EU Settlement Scheme are available
• The Communiqué from the twenty-third meeting of the Joint Ministerial Committee (EU Negotiations) has been published