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Brexit – impact on ICAEW members

On 23 June 2016, the UK voted to leave the European Union and we are rapidly approaching "exit day" on 29 March 2019. ICAEW is working to ensure that the profession is able to work as seamlessly as possible in the public interest across Europe and beyond. We also support members and advise them on the impact of Brexit. Here you can find a range of resources to help prepare your business for Brexit.

In this section

Brexit: implications for financial reporting

Following the triggering of Article 50, the implications of the June 2016 UK referendum remain at the forefront of political debate in the UK. The impact that Brexit will have on the UK’s financial reporting infrastructure and the related international ramifications have, however, not yet attracted sufficient attention.

Stirring the VAT

With less than a year to go until the UK officially leaves the European Union, businesses should be turning their attention to what might change, and where they may be at risk.

ICAEW's guide to GDPR

The General Data Protection Regulation (GDPR) came into force on 25 May 2018. It applies to everyone trading within the EEA (including UK individuals and organisations).


Resources covering data analytics and big data, data handling, data protection and GDPR, and data presentation.

Data protection

All organisations that collect, store or process personal information on living and identifiable people must comply with the Data Protection Act 2018. Additional resources can be found on the GDPR (now the Data Protection Act 2018 in the UK) here, icaew.com/gdpr

Practical guides to Brexit

This page contains a list of externally produced resources which offer practical advice on the impact of the decision to leave the EU and opportunities for future business.

Policy Papers and statements

Summaries of selected European Commission and UK Government papers from ICAEW's Public Policy team and statement s and publications from other organisations.