Although there are no financial reporting requirements that relate specifically to Brexit, companies are required to disclose information such as key assumptions about the future, and other key sources of estimation uncertainty and the possible impairment of assets.  The impact of Brexit will therefore vary from industry to industry and business to business: those with […] … Read More

Indirect Tax A particular concern from an indirect tax perspective is that, depending on the terms of future trade agreements and the implementation of a transitional period, the UK may see the rate of duty rise. This would subsequently impact the total costs to the business. Additionally, EU-imposed statistical reporting and supplementary filings such as […] … Read More