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Brexit – impact on ICAEW members

Find a range of resources to help prepare for Brexit. ICAEW is working to ensure that the profession is able to work as seamlessly as possible in the public interest across Europe and beyond.

Preparing for Brexit

Inventory planning and Brexit

Brexit provides an opportunity for businesses to consider the information they hold on their supply chains/inventory as well as their approach to continuity planning. Read our guide to assist you in balancing the costs of these exercises with the potential benefits.

Accountancy profession

 

Implications of Brexit

Analysis: how EU law affects business

Trading models after Brexit

ICAEW guide intended to help you understand how Brexit might impact on trade between the UK and the EU and the rest of the world. Our guide is aimed at ICAEW members in exporting or importing businesses or advisors to those businesses.

Brexit grants for customs declarations

Once the UK leaves the EU, businesses will need to complete customs declarations for goods crossing the UK border – unless a deal is reached that provides otherwise. Funding to help with training for completing the customs declarations has been made available by HMRC.

Brexit analysis

Technical guidance

Audit related Brexit issues

ICAEW’s audit-related Brexit Guidance is intended to help auditors of SMEs deal with current Brexit-related uncertainties associated with a potential no-deal exit as they affect 31 December 2018 and 31 March 2019 audits.

ICAEW Rep 36/18

Comments to BEIS on the endorsement of IFRS post-brexit

Brexit implications for transactions

If your business is contemplating a transaction early in 2019 – before or after the UK’s exit from the European Union (EU) on 29 March – you should be aware of possible arrangements that may come into effect at the date of exit.

What's the plan for preparing for Brexit?

What should you consider in the event of a Brexit no deal? Read Corporate Financier's "What's the plan" (pp27) to find out what corporate investors and advisers are saying.

Useful resources from the government and other organisations

Information on a no-deal scenario

A collection of information and guidance on a no-deal scenario from external sources, including published material from the UK Government, EU and other organisations.

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.