2021/22 reporting: new guidance for preparers
Several factors will be a focus for investors and regulators this 2021/22 reporting season. Preparers will need to keep them in mind.
Opinion and news analysis
UK signs Free Trade Agreement with Australia
The UK has signed its first “from scratch” Free Trade Agreement since leaving the EU, promising new business opportunities as well as easier access for skilled workers, including accountants, to Australia’s service sectors.
Get ready for full customs declarations for EU imports and exports
Border controls with the EU are being phased in following the UK exiting the EU’s single market and customs union. The next change will apply from 1 January 2022, as explained by ICAEW’s Tax Faculty.
UK faces major ‘trade reset’ challenge
The current friction in trade flows is more than a blip and a reset is urgently needed, warns Nigel Driffield, deputy pro vice chancellor of Warwick University.
Webinars
ICAEW presents a series of webinars to help you find out more about the implications of Brexit for your business.
Upcoming webinars
| Date | Webinar title | Accessibility and cost | Booking |
|---|---|---|---|
| 17 February 2022 | Life after Brexit: VAT and Customs, are you prepared? How businesses have evolved to deal with the VAT and Customs issues arising from the UK’s withdrawal from the EU. |
No charge | Book here |
On-demand webinars
The information in on-demand webinars reflects the understanding of ICAEW at the time of recording, but things may have changed since that time. You should consult the latest guidance alongside a viewing of these on-demand webinars.
| Date | Webinar title | Accessibility and cost | Booking |
|---|---|---|---|
| 09 December 2021 | Recap: UK nationals living in or retiring to the EU A whistle-stop tour of the important issues and recent changes a British expatriate will need to be aware of when thinking about living in or retiring to an EU member state. |
No charge | Watch now |
| 1 September 2021 | Indirect tax issues in a post-Brexit trading environment In this webinar, MHA trade and export experts will look at the current challenges still facing UK businesses as they trade post Brexit. They will review how the new Import One Stop Shop and OSS systems are working for E-commerce and distance sales as well as provide an update on the VAT and Duty rules affecting trade in Northern Ireland. |
No charge | Watch now |
| 21 June 2021 |
UK/EU Trade – where are we now? Jason Croke, VAT expert from Rayner Essex, will be joining us to provide a detailed session on UK / EU trade. Jason will summarise where we are now regarding all trading conditions and look ahead to new rules and regulations that will be in place from July 2021 onwards. |
No charge | Watch now |