Thursday 31 October, the date we were promised by Boris Johnson the UK would leave the EU, with or without a deal. Parliament successfully frustrated the Government’s attempts to leave a no deal Brexit as an option to strengthen our negotiating position with the EU, with the “Benn Act” forcing Boris to ask for an… Read More
Thursday 17 October. A week ago I was in Amsterdam for my last visit to the EU before the 31 October Brexit deadline, working with AGN International as EMEA regional Chair, building connections and business for our UK clients. It was clear to me that our friends in the EU do not want the UK… Read More
Friday 27 September. What a total mess we are in! A PM who loses his first six votes in the House, illegally prorogues parliament, misleads the Queen and yet, the opposition are unwilling to put forward a vote of no confidence. Twice Boris has asked for an election and twice he has failed to get… Read More
Monday 29 July, just 94 days left before the BREXIT deadline. Parliament went into recess for the summer last week, with proceedings drawn to a close with Boris’ bulldozing of a bewildered Labour front bench, in his inaugural address to the House as PM. If the UK is to leave the EU on 31 October, with no… Read More
Wednesday 24 July, season 2 of Game of Brexit has started and a new leader is crowned! The season finale is scheduled for 31 October, just 99 days away. Only, this isn’t a game, and something significant has to give in the next 3 months. Teresa May was a remain supporter who pledged to deliver… Read More
The Brexit leave date has come and gone and the future of the UK relationship with the EU is plagued with uncertainty which looks set to continue, with a new deadline of Oct 31 2019. Dafferns are members of AGN International, an association of 200 separate, independent accounting firms in 80 countries across the world… Read More
Friday 24 May and nearly three years after taking office, Teresa May’s time as Prime Minister drew to a close today, as she announced her resignation as Conservative Party Leader early in June. She will however remain as PM until a new Party Leader is selected, possibly sometime in July. I can’t help thinking this… Read More
Saturday 18 May. Do you remember just a few weeks ago, when BREXIT was the only thing in the news for months on end. Now, post Easter the silence has been deafening. When they start moving, events move quickly in the world of BREXIT. I originally wrote this post last Monday and no sooner had… Read More
Part 2 of my BREXIT tax review focusses on Vat, which will be the main tax area impacted by the UK’s impending exit from the EU. The main BREXIT tax focus is on VAT of course, because this is a tax that crosses borders and the UK has been part of a so-called unified VAT… Read More
In this brief and very welcome Brexit news hiatus, I thought it was worth a quick check back on trying to understand the tax effects of Brexit. In this first post I will quickly mention corporation tax, income tax and payroll taxes, leaving the main event, VAT, for Part 2. Corporation tax Brexit has placed… Read More
