Brexit is the impending withdrawal of the United Kingdom (UK) from the European Union (EU).
The current date for the UK’s exit from the EU is 31 October 2019. If a Withdrawal Agreement is not approved and implemented ahead of 31 October, the UK will leave the European Union without a deal. If a Withdrawal Agreement is ratified by the UK and the EU before 31 October, then the withdrawal would take place on the 1st of the following month. The UK would then move into a transition period between that 1st of the following month and at least December 2020 for companies to implement changes. If a Withdrawal Agreement hasn’t been ratified by the end of May then the UK must participate in European Parliamentary elections for the 31 October deadline to remain in effect. Sage has project teams who are focusing on preparing for implementations influenced by Brexit, which is endorsed by the Sage Board.
In addition, Sage has robust governance procedures in place to manage preparations for Brexit. These include the Sage Brexit Forum and the Sage Brexit Programme, comprised of many key stakeholders, to ensure all areas of our business and products will be ready for Brexit, irrespective of whether a Withdrawal Agreement is reached.