TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Irish Government urges businesses to get Brexit ready

With only a matter of weeks to go to the 31 October deadline, the Irish Government is urging businesses to prepare for Brexit regardless of the outcome. The Government has directly appealed to a number of sectors of concern, such as; smaller businesses, construction and manufacturing companies, agri-food businesses, retailers and hauliers sourcing from and/or through the UK.

The Irish Government has also highlighted the following nine steps to help businesses prepare better:

  1. Understand the new rules for UK importing and exporting
  2. Review your supply chain and UK market strategy
  3. Be aware of possible changes to transport and logistics
  4. Review all your certification, regulation and licensing
  5. Review your contracts and data management
  6. Ensure you are maximising Government Brexit programmes and supports
  7. Manage your cash flow, currency and make sure your banking is in order
  8. Protect and inform your staff
  9. Know more about the impact to your sector

Read more on the Irish Government’s Brexit resources website (www.gov.ie)