Large businesses might wish to consider establishing a cross-functional ‘Brexit’ committee to monitor developments and plan for risks, suggests Paul Morton (RELX).
Many tax professionals will have woken on Friday morning perhaps after a late night with something of a Brexit ‘hangover’. The mood at the joint HMT/HMRC/International Fiscal Association annual conference was perhaps a little subdued. Clients will be asking their advisers for their first thoughts on the tax implications of Brexit after reading through the flurry of briefing papers updates bulletins and advisories and the first thoughts will broadly confirm that no one really knows.
It may be that once the dust has settled any changes in the UK tax system will be modest and measured rather than dramatic. Perhaps the VAT system will continue largely in its current form since it works ...
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Home >Articles > Brexit: what now for policy makers and businesses?
Brexit: what now for policy makers and businesses?
Large businesses might wish to consider establishing a cross-functional ‘Brexit’ committee to monitor developments and plan for risks, suggests Paul Morton (RELX).
Many tax professionals will have woken on Friday morning perhaps after a late night with something of a Brexit ‘hangover’. The mood at the joint HMT/HMRC/International Fiscal Association annual conference was perhaps a little subdued. Clients will be asking their advisers for their first thoughts on the tax implications of Brexit after reading through the flurry of briefing papers updates bulletins and advisories and the first thoughts will broadly confirm that no one really knows.
It may be that once the dust has settled any changes in the UK tax system will be modest and measured rather than dramatic. Perhaps the VAT system will continue largely in its current form since it works ...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
