(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Brexit

No-deal Brexit likely; business is not prepared

By Rob Outram A no-deal Brexit is either “very likely” or “quite likely” according to 65% of finance professionals in the latest Brexit Tracker Survey from ICAS in association with leading law firm Brodies LLP. The online survey also found that fewer than half (45%) of respondents believe their organisation is either “very prepared” or “quite… Read More No-deal Brexit likely; business is not prepared

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Brexit

Major cash flow benefit of deferring VAT on imports

ICAS and Chartered Accountants Ireland, have issued a joint call to the Irish and UK governments to introduce legislation to alleviate the VAT burden on importers after Brexit. An often overlooked side-effect of Brexit is that VAT will become an upfront cost for imports between Ireland and the UK for the first time after Brexit, if the… Read More Major cash flow benefit of deferring VAT on imports

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Brexit

Brexit: the time has come for clarity

The provisional agreement thrashed out between the UK and European Union in December does not do enough to clarify what the transition to Brexit will mean for business. That is the verdict of nearly seven out 10 Chartered Accountants in the latest ICAS Brexit Tracker survey. The survey asked respondents whether they found the provisional… Read More Brexit: the time has come for clarity