We offer a range of high quality accounting, financial and business services in and around Milton Keynes.

IoD states businesses facing 'impossible situation' in regard to Brexit

16 Sep 2019

The Institute of Directors (IoD) has urged the government and the EU to 'compromise and chart a way forward' on Brexit, following the publication of research that shows that UK businesses are facing an 'impossible situation' regarding planning.

The IoD surveyed 950 business owners, and found that 51% believe a no-deal Brexit would be negative for their firm. However, 32% believe further delay to Brexit could have a 'worse impact'.

The business group has urged the government to provide small firms with extra financial assistance to help them prepare for Brexit.

'Firms are facing an impossible situation as they try to prepare in advance for the possibility of simultaneous sweeping changes on an unprecedented level,' said Allie Renison, Head of Europe and Trade Policy at the IoD.

'If the government wants the country to be ready, businesses urgently need more targeted help in the form of financial assistance to enable them to access the specialist advice they need. While efforts to inform and prepare have stepped up, there is a huge job to do and generic guidance naturally struggles to address firms' differing unique challenges.'

Register

Why not register to receive our monthly newswire? This is packed full of essential business news and handy tax tips to help save you money.

Learn more

Tax Calendar

Our handy tax calendar provides an overview of the key tax dates for your diary.

Learn more

Calculators

B2B’s interactive tax calculators can be used to calculate VAT due, the taxable benefits on your company car and how much your savings are worth.

Learn more

Home | About us | Contact us | Logon | Register | Accessibility | Disclaimer | Help | Site map |

© 2019 B2B Business Advisors Limited. All rights reserved.

We use cookies on this website, you can find more information about cookies here.
Chartered Tax Adviser

Registered in England, Company Registration number – 7906656. Registered Office – 58b High Street, Stony Stratford, Milton Keynes, MK11 1AQ. Registered with the Chartered Institute of Taxation as a firm of Chartered Tax Advisers. Registered to carry out audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.