Post Brexit dispatches – a taxing time for brokers
In his second article for Insurance Age, PKF Littlejohn tax partner, Howard Jones looks at the impact of Brexit on UK insurance.
As we discussed in our last posting, UK insurance intermediaries that want to service clients within the EU post-Brexit have typically had to establish an EU regulated entity. For many, this will be the first time that they have needed a corporate presence outside of the UK.
This can make them vulnerable to changes in rules and regulations outside of the UK – such as, potentially, the proposed new 15% minimum global tax rate - and can create challenges when a company’s employees are based in
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