Executive PA Australasia April May 2018 | Page 27

BREXIT The Brexit transition: the facts w The UK will leave the EU on the 29 March 2019. This March, David Davis, secretary of state for exiting the European Union, and Michael Barnier, EU chief negotiator, historically shook hands and declared they’d made a ‘decisive’ step in sealing a Brexit transition deal. w The transition dates are shorter than first thought. The transition period will end on 31 December 2021, giving the UK 21 months to implement the deal, instead of the 24 previously expected. w Britain agreed to sign up to the Brexit divorce bill – but if the deal fails for any reason (such as government challenges or a lack of trade deals), the UK does have a “fall back” option – similar to Norway, the country would be aligned with the customs union (which means there’d be no extra costs for imports and exports) and the single market (where people, goods, services and labour can travel freely) so, essentially, it’d be business as usual. w The Irish border – Britain and the EU promised to keep a ‘soft’ Irish border with the UK, aiming to use technology to keep an ‘invisible border’ as part of the free trade deal. However, this has yet to be approved and if nothing is agreed the UK would resort to aligning closely within EU rules to avoid a hard border. w The UK is now free to seek trade deals for the first time in 40 years – although they won’t come into force until the implantation period ends. Any international agreements brokered by the EU will continue to apply, ensuring that there will be little disruption to trade relationships. The EA’s view Sue Spink, PA at Arup, is based in the UK and believes that Brexit red tape could significantly eat into her planning time – and budget: “The main impact will be on my travel planning – I currently support the global water business leader whose remit is for teams across the world, so there are 20 plus overseas trips a year. And, with our business being in such a global market, it’s a case of ‘if they need a meeting, we need to make it happen.’ Although I can appreciate for firms looking to cut down on travel costs that investing in video conferencing and digital technology makes sense. “The headaches I’m expecting are more short notice invitations. Right now, big trips are planned three to six months in advance. “Budget is a big consideration of mine and I try to find cuts where I can. For instance, on a trip this year with New Zealand and America on the same itinerary, it was cheaper to buy a round-the-world ticket than buy separately. We already have a corporate card for currency, which helps us to figure out the expenses, but a lot of countries don’t have a full receipt that includes the item, date and price so that can be tricky. “Overall, I don’t think anyone in our business will start to panic due to Brexit: if the business needs it then we will make it happen – it’ll just require extra effort.” employee has a firm job offer within the minimum wage specified they should be able to apply for a visa. In addition, when Brexit was first announced, companies rushed to sponsor their hard-won employees for residency, but there’s no need for now as the rights of all citizens will continue until the end of the transition period in December 2021. New recruits can still have the right to a permanent residency before this date however, the UK will still charge them for obtaining visas. CORPORATE TRAVEL Within the UK For those entering the UK, little will change as Great Britain already grants visa-free travel to nationals from 56 countries, ranging from the United States to the Maldives. Passports are stamped on entry and people are allowed to stay for a maximum of six months. But, for those booking in advance, watchdog Which? has advised that flights could be grounded if no aviation deal has been decided by the end of the transition. And there’s more bad news: w  The boss’ travel within the UK is set to become more expensive. w  Expect to pay more for UK-based