Tax Implications of Brexit

It is important for Irish businesses to keep focused on any changes in tax rules that came into effect on 1 January 2021. The implications of Brexit on tax include:

• Changes to corporate tax or reforms
• Effect on import VAT
• Withholding tax on payments between Ireland and the UK
• Transfer pricing changes
• Tax relief within the EU
• Restrictions on freedom of movement between Ireland and the UK

We can work with you to plan an appropriate tax structure for your business. 

Please contact Kevin Doyle on +353 1 470 0250 or kdoyle@bdo.ie for further information.