Rules and regulations will change

Tax compliance is key to any organisation

Whether you are establishing new operations overseas or looking to maintain current activities.

Our team of dedicated tax and transactions experts can help identify and mitigate areas of change that affect your company.

Consider how Brexit might impact your approach to...

  • Consider how Brexit might impact your approach to...

    Withholding taxes

    The payment of dividends, interest or royalties from EU to UK may carry a withholding tax burden. This could be a real cost where the applicable treaty rate is not zero, and the tax is not available for credit against UK taxes.

  • Consider how Brexit might impact your approach to...

    Group structures

    UK companies may break EU tax grouping relationships or consolidations. This may lead to possible clawback of previously claimed reliefs, and an inability to claim reliefs in the future.

  • Consider how Brexit might impact your approach to...

    Transfer pricing and exit charges

    Reorganisations to internal supply chain, financing flows, incorporation of new entities for regulatory, customs or other commercial reasons may change the location of significant people functions, risks and assets. If value moves out of the UK there is a risk of an immediate and potentially significant corporate tax charge.

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Election 2019 - implications for business

What will the election result mean for you?

How you can plan for Brexit now

  • How you can plan for Brexit now

    Review your tax position

    You can assess group structure to gauge future withholding tax position and identify any claims required. At the same time, review group structures and tax consolidations for potential impact.

    Prepare a value chain analysis and review:

    • – activities to ensure compliance
    • location of key people functions
    • – intangibles for new location of development, enhancement, maintenance, protection and exploitation.
  • How you can plan for Brexit now

    Explore deal prospects

    The depreciation of Sterling will make UK assets more attractive to overseas investors. The uncertainty will also provide opportunities for those willing to take a risk on Brexit. This means there will be opportunities for those wishing to enter or exit markets.

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“There is continuing uncertainty and international tax compliance is vast and complicated. We can help businesses make sense of their tax position and ensure they’re ready for the new status quo.”

Wendy Nicholls, Partner

Our work with clients

Over the last three years we’ve worked with organisations of many sizes and sectors to help them prepare for political volatility.

Establishing a regulatory presence in Europe

Regulatory risk resulted in a Fin-Tech organisation needing to establish a presence in Europe. We worked alongside national regulators to establish what substance requirements were required as part of a continuity planning exercise. Once agreed our teams (across transfer pricing, VAT and corporate tax) supported the implementation ensuring a smooth transition for the client and their customers.

There's no one size fits all approach to preparing for Brexit. Speak to one of our experts for a response tailored to you, including the things you can do now.

Not found what you are looking for? Discover our other priority areas.

Imports and exports

Are you ready for the changes?

Imports and exports

People and skills

Will your people be affected?

People and skills

Cost and cashflow

Have you planned for the impact?

Cost and cashflow

Navigating Brexit

Practical steps for business leaders

Navigating Brexit