Search Results for: Brexit
What Brexit means for accountants
July 13th, 2016
Shortly after the UK voted for Brexit on 23 June, sterling hit a thirty year low against the dollar and the UK has had its credit rating downgraded by two different agencies. It is currently unclear whether these repercussions ...
Brexit: Paris urges London to remain tax ‘friendly’
July 12th, 2016
Amid fears of a fiscal “race to the bottom” French Finance Minister Michel Sapin on Monday slammed British plans to reduce corporation tax as part of plans to keep attracting foreign investment after last month’s Brexit vote. “You don’t ...
Brexit: 7 key changes every Traveler must know
July 11th, 2016
A travel primer on what to expect following Britain’s vote to leave the EU. In a landmark decision, Britain has voted to withdraw from the European Union. While it’s unclear how the vote will affect the political climate and ...
Lawyers claim that Brexit vote is not legally binding;primary legislation will be needed
July 11th, 2016
Hundreds of barristers have advised Prime Minister David Cameron to tread carefully before taking steps to withdraw the UK from the European Union. More than 1,000 have signed a letter to Mr Cameron which says the referendum result is ...
Brexit: Would Europeans be allowed to stay in the UK?
July 7th, 2016
Shadow home secretary Andy Burnham says Theresa May’s response to concerns is ‘simply not good enough MPs vote today on whether the government should guarantee the permanent residency rights of EU nationals living in the UK following the referendum ...
10 questions about Brexit’s impact on the auto industry
July 7th, 2016
The shock waves from the U.K.’s historic vote to leave the EU are about to hit the global auto industry. Analysts predict that falling sales and rising costs are the most likely outcomes for automakers as Europe’s second-largest car ...
KPMG first firm to appoint head of Brexit to executive leadership team
July 7th, 2016
KPMG appoints Karen Briggs ‘Head of Brexit’ to executive leadership team. Following the outcome of the UK’s recent referendum on EU membership, KPMG in the UK has appointed Karen Briggs, one of its most senior partners, to the newly ...
Global stocks slide, bonds surge as Brexit fears resurface
July 6th, 2016
Asian share markets turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risky assets of all stripes. In frantic trading reminiscent of the fateful ...
EU VAT group reassures e-traders on Brexit vote
July 5th, 2016
The trend of having to pay VAT where the customer rather than the seller is located is “not going to go away,” although a scheme in Britain that makes doing so simpler might. Lobby group EU VAT Action issued this alert to the ...
Fitch: These are the EU countries most affected by Brexit
July 4th, 2016
Fitch outlines EU countries most hurt by Brexit The Fitch international rating agency has compiled a list of EU countries that will be most affected by Britain’s exit from the European Union. Ireland, the Netherlands, Belgium, Malta, Cyprus and ...
