Brexit:

i guess there will be no changes till the negotiations have finished ie when the divorce will actually be implemented. I guess by 2020. not anytime soon.

Possible impacts on tax when exit occurs could be on VAT where a number of directives impact upon UK tax legislation.For instance,once VAT is imposed on a category of goods and services it can’t then be scrapped on that category at future date.Also different regions of member countries can’t have different corporation tax rates without express permission.This could mean corporation tax raising and cutting powers could be devolved to Scottish parliament.In terms of exam even another budget occurred this year changing tax rates it would not impact upon syllabus until a number of exam sessions occur.