ARTICLE · 20 DECEMBER 2016

Weekly Tax Update - 19 December 2016

Smith & Williamson

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As part of its inquiry into the UK's future economic relationship with the EU, the Treasury Committee has issued a call for written submissions on transitional arrangements on Brexit.

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Smith & Williamson

1. GENERAL

1.1 Season's Greetings

We would like to wish all our readers a very Merry Christmas and a Happy New Year. Tax Update will be back on 9 January 2017.

1.2 Treasury committee call for submissions on EU exit transition arrangements

As part of its inquiry into the UK's future economic relationship with the EU, the Treasury Committee has issued a call for written submissions on transitional arrangements on Brexit.

Questions are raised on:

the desirability of transitional arrangements;
the design of transitional arrangements; and
the negotiation of transitional arrangements.

Tax arrangements resulting from Brexit will be an issue for consideration in all of the above. The deadline for written submissions on transitional arrangements is 31 January 2017.

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