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Every company with ties to the United Kingdom (UK) will have to deal with Brexit. Are you involved in trade flows to or from the UK? Do you have employees from the UK working for you in the Netherlands, or do Dutch employees work in the UK for your Dutch company? Or perhaps your company has branches in the UK? If so, we recommend you prepare for Brexit thoroughly.

As of February 1, 2020, the UK is no longer part of the European Union (EU). The negotiations between the UK and the EU are currently in full swing. A transitional period, in which no changes will occur, is in place until January 1, 2021. The specifics of the future situation are as yet unclear, but there are signs that a hard Brexit is a very real possibility. We have compiled an overview of the main consequences of Brexit from the perspectives of VAT and customs, employees and Dutch corporate income tax (CIT).

Brexit and VAT

Brexit will have far-reaching consequences for international trade between the UK and the EU. It is expected that the UK will be treated as a non-EU country from January 1, 2021, onwards, with all the changes to VAT and customs matters associated with that status. On the webpage Brexit and VAT you will find an up-to-date overview of news, points of attention and tips for a proper preparation for Brexit. Be sure to bookmark this page, as we will be updating it regularly with news and developments.

Brexit and employees

If your business employs expats from the UK, who work in the Netherlands, or vice versa (i.e. Dutch employees working in the UK), Brexit will have significant consequences. Areas of attention include residence and work permits, and Dutch personal income tax (PIT). Read more about these issues in one of the articles below (the most recent article is listed first).

Brexit and CIT

If your business has branches in the UK and/or is included in, Brexit will affect your CIT position. All the more so if you intend to establish one or more new branches in the UK. Read more articles about Brexit and CIT below(the most recent article is listed first):

Our advisors in the areas of VAT, CIT, PIT and expats would gladly help you ensure a thorough preparation for Brexit. Feel free to contact us, we are here to help.

How can I help you?

Want to know what we can do for you? Just contact Baker Tilly , with no obligation, of course.

Marisa Hut Senior manager VAT & Customs Advisory T: +31 (0)6 52 75 98 75