It’s five years since the UK voted for Brexit. This is a good moment to revisit its VAT impact on financial service providers such as banks, insurance companies, fund managers and passive holding companies. Tune in to our podcast to hear Claire De Lepeleire, Inge Stuyver and Jean-Baptiste Sanchez discuss the implications of Brexit for the Belgian financial sector from a VAT perspective.

It’s five years since the UK voted for Brexit. This is a good moment to revisit its VAT impact on financial service providers such as banks, insurance companies, fund managers and passive holding companies. Tune in to our podcast to hear Claire De Lepeleire, Inge Stuyver and Jean-Baptiste Sanchez discuss the implications of Brexit for the Belgian financial sector from a VAT perspective.

It’s five years since the UK voted for Brexit. This is a good moment to revisit its VAT impact on financial service providers such as banks, insurance companies, fund managers and passive holding companies.&nbsp;Tune in to our podcast to hear Claire De Lepeleire, Inge Stuyver and Jean-Baptiste Sanchez discuss the implications of Brexit for the Belgian financial sector from a VAT perspective.

Brexit and its VAT impact on financial services

The UK left the EU on 31 January 2020, which kicked off the 11 month transition period. During this time, the UK remains part of the EU Customs Union and the single market. In other words, nothing changes - for now. The idea behind the transition period was for both parties to secure a trade agreement and a new partnership. After several rounds of negotiations, no significant progress has been made. Regardless of the lack of progress on a political level, businesses should be prepared to trade with the UK under new rules as of 1 January 2021. In our series of podcasts, we’ll discuss how Brexit will affect your business and the actions you need to take regarding the movement of workers (social security and immigration), regulation, direct taxation, customs and VAT. Join our Belgian and UK specialists for discussions on the various Brexit topics by clicking on the episode tiles below, or subscribe via Spotify, Apple Podcasts or Google Podcasts.

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Brexit and its VAT impact on financial services

Brexit and its VAT impact on financial services