On 31 December 2020, the eleven-month Brexit transitional period ended, meaning the UK is no longer part of the EU Customs Union, VAT Territory or Single Market. This situation poses challenges for your practice, your clients and the wider industry. Make sure your firm is in a position to help clients mitigate these challenges and help them identify opportunities.
The UK has left the Single Market, EU VAT Territory and the Customs Union. Rules and processes have changed. This series of on-demand courses covers the potential impact of the changes for businesses in England, Wales and Scotland, particularly those who trade internationally.
For the last forty years UK company law has been very heavily influenced by EU directives and regulations. As the UK extricates itself from the EU there are various issues which will affect some companies and their auditors for periods commencing on or after 1 January 2021. This course will look at the impact upon accounting issues.
For the last forty years UK company law has been very heavily influenced by EU directives and regulations. As the UK extricates itself from the EU there are various issues which will affect some companies and their auditors for periods commencing on or after 1 January 2021. This course will look at the impact upon auditing issues.
Our one day International Tax Conference has been specially designed for tax specialists who require an in depth knowledge of current topical issues. Speakers will look at recent key changes together with other current issues and enable those attending to give the best possible advice to their clients.
A frequent grumble on social media is that overseas-based e-commerce websites are now charging significant tax and duty fees to British customers at the checkout process, even on orders costing as little as £3.50. Some members of the public are blaming Brexit, but that isn’t the case.
It’s happened. The UK has completely left the EU, and whilst the World didn’t end on 31 December, we’ve seen a constant news stream telling us about delays at the border, unforeseen costs, and unprecedented amounts of paperwork. Only time will tell if these problems will be ironed out, but in the meantime, here are some key areas where accountants in practice can proactively help their clients weather the storm.