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.

As of 1 January 2021, the United Kingdom is no longer part of the EU.  On top of that, the new VAT regime for “distance sales” will enter into force on 1 July 2021. This means that your e-commerce business is affected. Twice! Indeed, as the UK is considered as a third country, the EU distance sales rules no longer apply and B2C transactions with the EU will become export and import transactions. These changes entail new customs and VAT formalities. 

Are you in control? Or are you struggling with adapting your business to these new rules? Join our experts in this first Brexit & e-commerce podcast and they will guide you through the changes and points you need to consider when selling goods (online) to EU private customers from the UK (inbound EU supplies) via a direct webshop. In the coming weeks other Brexit & e-commerce podcasts will be released focusing on the sale of goods (online) to UK private customers from the EU (outbound EU supplies) and online sales facilitated by an online marketplace.

Brexit is a fact. In the closing days of 2020, the EU and the UK signed a trade agreement to facilitate cross-border trade between the two regions. Taxation is a key factor in cross-border trade, and in this podcast our experts explore the post-Brexit impact on direct taxation and M&A. Can businesses still move to the UK, and will we revert to the double taxation treaty between Belgium and the UK? How do we handle the various directives and freedoms that apply within the EU internal market? And ultimately, will the trade agreement live up to our expectations? Tune in to find out.

On 1 January 2021 the UK became a third party country from an indirect tax and GDPR perspective. Join our experts who will discuss the impact of this change on the invoicing and document retention processes of EU businesses, from a VAT and data privacy/GDPR perspective. Our experts will summarise the main areas impacted, and also outline what must be taken into account to remain compliant in the future.

The UK is leaving the EU internal market. From a direct tax perspective, this will have a huge impact. Losing access to the EU internal market will not only impact restructurings involving the UK, but also day-to-day operational flows between the EU and the UK. In this podcast, we’ll walk you through the 10 most important considerations from a direct tax perspective. Are you in control of your direct tax in the face of Brexit?

Speakers:

• Pieter Deré, PwC Belgium
• Tamara Geboers, PwC Belgium
• Jean-Philippe Van West, PwC Belgium
• Jenni Bullivant, PwC UK

As of 1 January 2021, the UK will become a third country with respect to the EU Regulations on the coordination of social security. While the withdrawal agreement foresees a continued application of the EU social security regulations for continued situations, it’s still unclear what the social security position of persons in new EU-European Entrepreneurial Region (EER)/UK cross-border employment will be. And what exactly is a continued situation? In this podcast on social security, we’ll guide you through what is known, and what is not.

• Nadja De Bie, Senior Manager, PwC Legal Belgium
• Julia Tverdochlebova, Senior Associate, PwC Legal Belgium
• Gary Chandler, Director, PwC UK

The end of free movement of people between the UK and the EU will end on 1 January 2021. This means that from that date, UK nationals will be considered third country nationals in the EU Member States for immigration purposes, and vice versa. Although there are safeguards for UK nationals living and working in a specific country or EU nationals living and working in the UK, any new move is bound to trigger additional requirements from an immigration point of view. In this podcast, we’ll shed some light on the immigration implications of Brexit on an internationally mobile workforce.

• Nadja De Bie, Senior Manager, PwC Legal Belgium
• Julia Tverdochlebova, Senior Associate, PwC Legal Belgium
• Lyudmyla Davies, Director, PwC UK
• Nadia Idries, Senior Manager, PwC UK

As of 1 January 2021, the UK will no longer be part of the EU's Single Market and Customs Union and the UK will be considered a third country from an EU VAT perspective. This means that the VAT treatment of the transactions between the UK and Belgium will, in either case (a deal or no-deal scenario), be affected. In this podcast, we’ll guide you - via an interview with our UK colleague Gavin Orpwood - through the changes and new processes you need to be aware of when importing goods into the UK. 

• Claire De Lepeleire, Director, PwC Belgium
• Gavin Orpwood, Director, PwC UK