The ICAEW has launched the Brexit Hub, to help members prepare for Brexit.
As per a letter sent from Michael Izza to all ICAEW members:
Tax Investigation Insurance
are very uncertain times for business. On Brexit, ICAEW has made it
clear that Government must make the avoidance of a disorderly exit from
the EU its top priority. However, as 31 October
approaches, there is a strong possibility that the UK is heading
towards a No-Deal Brexit and all that this might entail.
professional body, ICAEW wants to help its members prepare for all
scenarios. Over the last year, we have brought together on our website a
suite of resources which provide expert guidance
around the issues that you and your business will face in different
situations, including No-Deal. You can find these on the Brexit Hub.
now time to step-up the pace. We believe that chartered accountants,
both in business and in practice, have a potentially vital role to play
in the next month or so, and I am pleased that
this view is shared by Government.
ICAEW has received a grant from the Department for Business, Energy and Industrial Strategy’s
Brexit Business Readiness Fund and we are using this to improve the quality and reach of our practical support to members.
We have produced a
Brexit checklist summarising the ten key issues that ICAEW
members should consider in the lead up to 31 October. These leaflets are
being mailed to members now and will also signpost you to further and
more detailed resources on our Brexit Hub, including
Having a Solar Protect Tax Investigation Insurance policy at your
disposal means that should you be one of the many 1000's of businesses
or individuals that are selected by HMRC each year to look into your tax
affairs your own accountant (your tax return agent) can get on and
defend you robustly.
You have the peace of mind knowing that your accountants (your tax
return agent) fees will be paid by the insurance without any Excess for
you to find.
Please click here for details