In March 2017, the UK activated Article 50 of the Lisbon Treaty, thereby commencing its exit from the European Union (EU). In April, the announcement of early elections in the UK showed the continued unpredictability related to the UK's June 2016 referendum on Brexit. This decision created uncertainty among many UK companies, since the UK currently operates under EU tax treaties. UK companies are faced with many questions, including which additional disclosures should be included in financial statements to highlight these uncertainties to investors, as well as what tax laws will be followed after BREXIT.

What are the recent changes in the BREXIT decision, as well as the impact BREXIT will have on your UK client base. Answers should be current to 2017, and not as of the original decision in 2016.