Getting ready for Brexit

24/10/19

Although there remains a strong possibility that the EU will accept the UK’s request for a further extension, the UK’s Prime Minister is adamant that Britain will leave the EU at the end of the month.

While an orderly 31st October Brexit is by no means certain, those in business, accountants and bookkeepers should look at the UK government and HMRC’s Brexit web-based support service, as it will help all those with a business interest to plan or provide added-value help and advice to your employers or clients.

With all the focus being on a no-deal Brexit it’s easy to forget that a deal is entirely possible and that we should all be planning for the eventuality at the same time as for a no-deal.

‘Getting ready for Brexit’ is the government’s website landing page for all things Brexit. While it has been updated to acknowledge ‘A Brexit deal has been agreed in principle with the EU’ it also recognises that ‘both the UK and the EU need to approve and sign the withdrawal agreement.’

How to spot if HMRC correspondence is real or not

We get a number of questions from clients who have had a call or email purporting to be from HMRC and asking for money. These scams are becoming increasingly sophisticated but helps is at hand.

HMRC have updated guidance about genuine HMRC contact and recognising phishing emails and texts.View the updated guidance at Genuine HMRC contact and recognising phishing emails and texts.

Speak to your accountant if you are ever unsure if a piece of correspondence is legitimate.