Site icon CommYounity

Brexit: what’s its impact on immigration and tax matters?

After the UK withdrawal with a Brexit deal, there will not be any substantial changes until the end of the transition period, i.e. until 31 December 2020.

With regard to residence, the situation is as follows:

Speaking about mobile employees, there are a number of other considerations for employers to take into account, such as identifying which employees to move, the cost implications, the need to revise employment agreements and policies regarding international mobility, remuneration, supplementary pension… We expect an increase of short-term business travels between the UK and EU locations in the future. These circumstances need to be managed as well. Before moving employees into a particular location, the employees will be concerned about how their net pay position or their pension entitlement will be impacted. In addition, there may be some favourable tax regimes in certain location, such as the Belgian special tax status for foreign executives. A careful consideration needs to be given on these elements as well.

Quitter la version mobile