Professional Services
Here you will find content relating to Accounting and Legal services. For wealth management, finance and insurance, please see the Finance & Insurance sector.
The ‘honeymoon’ transition period following the UK’s official departure from the European Union in January 2020, with no trade borders or customs formalities and VAT systems remaining the same, has now come to an end. If you’re a business that trades in the EU, the new rules on VAT and customs are now in place and major adjustments may be needed.
Even before our pandemic-hit 2020, we adjusted to a world of constant change and uncertainty, but the challenges of a post-COVID business environment will require a new level of stress testing and scenario planning if our businesses are to survive and thrive. 2021 will be a critical year for business and will still see significant disruption from economic, political and environmental forces.