Tax & Accounting

Brexit: which implications?

Despite the doubts around the exit of the United Kingdom from the European Union (Soft or Hard Brexit ?), we would like to inform you about the consequences to be expected in case of a Hard Brexit and in absence of a transitional period:

  • The European laws will no longer be applied to the employees coming from the United Kingdom
  • Documents issued under current regulations will no longer be valid

There are still other areas of uncertainty, including but not only:

  • The secondment
  • The way how will be considered the years of UK social contributions for the pension in Luxembourg
  • The health care coverage for UK nationals

We would like to assure you that our teams in collaboration with our colleagues at Grant Thornton UK are at your disposal for any questions regarding Brexit and its implications.

 

Contact:

For more information about Brexit and its consequences, please contact our Payroll experts, at the following email address: HRpayroll@lu.gt.com.