Tax Newsletter 2016/10 - Brexit - Tax implications
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Tax Newsletter 2016/10 - Brexit - Tax implications
The result of the recent Brexit referendum, in which the UK decided to leave the EU, potentially has very significant economic implications for the country, in particular the UK tax system.
However, this is only the start, as the UK will not actually leave the EU for at least another two years, so whilst there is now a period of uncertainty for business, there is also time for the UK to start taking necessary action.
We consider some of the tax implications of Brexit.
As there will be no immediate change, it is not necessary or advisable for you to take precipitate action on tax matters, especially since we do not know what action will yet be taken by the UK Government.
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