Following the recent extension agreement between the UK government and EU, the UK’s withdrawal date is now set for 31 October unless terms are agreed earlier. It now looks increasingly unlikely that the UK will leave unless and until a deal is agreed. Although this gives businesses more time to plan for a possible new relationship with the EU, it does little to resolve the uncertainty about the future trading environment.
Planned withdrawal of UK from the EU
Political uncertainty and slow progress in agreeing the UK’s exit and the structure of the future relationship with the EU doesn’t help businesses who want to plan and consolidate their futures but have no clarity about their future operating environment.
However, planning is essential and businesses need to take professional advice on some of the steps they can take to future proof their operation.
We have prepared a three step, easy to follow approach to preparing your business for the opportunities and challenges ahead.
Visit our Are you ready for Brexit? planner to find out more about the areas you should be thinking about and how to kick-start your post-Brexit plan and our Brexit Update and Tax Guide for an overview of some of the possible impacts of Brexit on how your business is taxed.
For more information on the progress of political negotiations, take a look at our ‘Latest Brexit Updates’ newsfeed on the left of this page.
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