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UK set to leave the EU

With the referendum votes counted and the United Kingdom vote to exit the European Union there will be many issues to consider.

The CBI commented on the result of the referendum.

Carolyn Fairbairn, CBI Director-General, said:

'The British people's vote to leave the EU is a momentous turning point in our history. The country has spoken and it's for us all to listen.

Many businesses will be concerned and need time to assess the implications. But they are used to dealing with challenge and change and we should be confident they will adapt.

The urgent priority now is to reassure the markets. We need strong and calm leadership from the Government, working with the Bank of England, to shore up confidence and stability in the economy.

The choices we make over the coming months will affect generations to come. This is not a time for rushed decisions.

The CBI will be consulting its members and business is committed to working with Government to shape the best possible conditions for future prosperity.'

 Internet link: CBI news

08 May 2018

Changing priorities at HMRC

HMRC has shared a statement about how they are prioritising change in the department and as a result some parts of MTD will be delayed.

08 May 2018

GDPR compliance deadline looms

The Federation of Small Businesses (FSB) is warning small and medium-sized enterprises that time is running out for them to prepare.

08 May 2018

Tax reliefs following the Scottish Budget

The Government has stated that it will ensure that tax reliefs continue to work as they were intended as the new Scottish Income Tax rates and bands are introduced.