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Brexit: Driving change in the motoring industry

Kevin Walmsley

Kevin Walmsley

Working with the motor sector in the last few weeks since the EU Referendum, we have noticed a growing interest in relation to vehicle sales. Is this an economic indicator? Potentially, Yes! Following our research as a firm we are …

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Brexit | Business | Motor Trade

Latest Press

July Retail Sales: UK business ‘coming home’?

Latest statistics from the retail sales in July 2016 showed an overall increase in growth by 1.6% despite Brexit fears – and there could be an opportunity for further growth for UK businesses, according to one expert in Retail and Wholesale at Wilkins Kennedy LLP. The fall in the value of Sterling will have caused anxiety among businesses, but as currency value pushes up supplier costs from overseas, some could look closer to home for alternative sources. Phil Mullis, Partner and Head of Retail and Wholesale, commented: "It looks as though the UK has enjoyed a post-Brexit spending splurge. Prices continue on a downward path, so the volume increases show that there were some bargains to be had this summer."

Tax Dates

31 August 2016

Bank payroll tax records to be maintained until this date.

5 October 2016

Deadline for notification of chargeability to tax under self-assessment for 2015/16.

19 October 2016

Deadline for payment of income tax and Class 1B NIC on a 2015/16 PAYE settlement agreement.

Brexit 2016

The latest on Britain’s exit from the EU

On 23rd June 2016, British voters went to the polls to cast their vote in the historic EU Referendum. Based on a 72.2% turnout, a majority voted to leave the European Union with 52% of the vote, against 48% to remain.

Following this announcement, Wilkins Kennedy brings you all the latest Brexit news and the potential impact it could have for individuals and businesses around the UK.

Our Brexit Hub provides details of events before, during and after the Referendum as well as what could happen next as the nation prepares for independence from the EU. If you have any queries relating to how Brexit might affect you, contact us today on brexit@wilkinskennedy.com.

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