Right now it looks like we are headed for a “no deal” Brexit (ref Bank Of England, German Chancellor) – I don’t believe that there is any such thing as a “managed no deal” (although I do expect that to be trotted out again in the coming months). Accordingly, my views are based on that assumption…
Right now it looks like we are headed for a “no deal” Brexit (ref Bank Of England, German Chancellor) – I don’t believe that there is any such thing as a “managed no deal” (although I do expect that to be trotted out again in the coming months). Accordingly, my views are based on that assumption. I would add that I will be absolutely delighted if this turns out to be the most useless article I have ever written on the basis that a deal is done including various VAT simplifications so that, at least for a few years, VAT rules on trade between the EU and the UK remain, to all intents and purposes, unchanged.
The full article from Steve Botham from Covertax Chartered Tax Advisers (UK) can be found here.
