{"id":602887,"date":"2026-05-25T11:32:10","date_gmt":"2026-05-25T11:32:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/602887\/"},"modified":"2026-05-25T11:32:10","modified_gmt":"2026-05-25T11:32:10","slug":"acca-sets-four-priorities-to-strengthen-uk-eu-trading-ties","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/602887\/","title":{"rendered":"ACCA sets four priorities to strengthen UK-EU trading ties"},"content":{"rendered":"


\n The body says its members consistently cite non-tariff barriers and regulatory divergence as major hurdles to UK\u2013EU trade. Credit: Novikov Aleksey\/Shutterstock.com.<\/p>\n

The Association of Chartered Certified Accountants (ACCA) has called on the UK and the European Union (EU) to focus on \u201cstable, predictable and functional trading arrangements\u201d to improve cross-border business.<\/p>\n

In a submission to the House of Commons Business and Trade Committee, responding to its call for evidence on UK-EU trade, the accountancy body sets out four priorities it says should underpin any effort to strengthen the relationship.<\/p>\n

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These priorities include mobility and recognition of professional skills, regulatory co-operation and reduced non-tariff barriers, better support for SMEs trading across borders, and stronger digital trade and data co-operation.<\/p>\n

ACCA Technical and Strategic Engagement head Glenn Collins said: \u201cWhile we\u2019ve seen in the UK in the last few days political debate around Brexit continuing, in the context of an EU-reset we would encourage the Committee to lead dialogue on issues which we believe would have a material impact on trade.\u201d<\/p>\n

ACCA says easier movement for qualified finance professionals would reinforce the UK\u2019s industrial strategy by helping them live and work in the country.<\/p>\n

The body reports that its members consistently flag non-tariff barriers and regulatory divergence as major obstacles in UK\u2013EU trade.<\/p>\n

It is urging closer dialogue on common frameworks for sustainability reporting, digital taxation, AI governance and financial oversight.<\/p>\n

ACCA EEMA and UK Regional Policy Development head Jessica Bingham said: \u201cA priority is helping SMEs trade with the EU.<\/p>\n

\u201cWe know that our members struggle with increasing compliance burdens, including customs administration, VAT complexity, disrupted supply chains and increased reporting. ACCA continues to call for a \u2018think small first\u2019 approach.\u201d<\/p>\n

The organisation is also pressing the government to recognise that cross-border commerce now depends on digital interoperability and reliable data flows, with businesses relying on compatible digital systems to trade effectively.<\/p>\n

Earlier this month, ACCA noted that faster adoption<\/a> of sustainability reporting and assurance frameworks could support economic growth in the UK and China.<\/p>\n

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