Brexit has dominated discussions and individuals worldwide for well over 2 years. The Global Payroll Association has facilitated some of these discussions as the Brexit date of the 29th of March 2019 gets ominously close. Employers and individuals have to prepare, as everyone likes and deserves certainty in life.
But without a deal between the UK and the European Union (EU), we have uncertainty and instability. And that is the crux of the matter: will the UK get a deal that is agreeable to the EU and can pass through the parliamentary process at Westminster?
On the 6th of February 2019, European Council President Donald Tusk made a statement that was widely seen as divisive and Theresa May herself described it as “not helpful” and causing “widespread dismay”. Yet reading between the lines in the rest of his statement were two comments that maybe indicate the EU’s thinking:
- He admitted that there was “no political force” in the UK parliament to remain in the EU, a reference to the divided Westminster discussions and votes
- He said that “the most important task is to prevent a no-deal” (and therefore, no transition period out of the EU)
Does President Tusk’s unhelpful comment mean that payroll professionals now have a new certainly in life – there will be tax there will be death and the UK will leave the EU with a deal?
There seems to be an indication but the uncertainty remains: “what will the deal look like and what will it actually mean for UK payroll professionals and employers”?!
Brexit has dominated discussions and individuals worldwide for well over 2 years. The Global Payroll Association has facilitated some of these discussions as the Brexit date of the 29th of March 2019 gets ominously close. Employers and individuals have to prepare, as everyone likes and deserves certainty in life.
But without a deal between the UK and the European Union (EU), we have uncertainty and instability. And that is the crux of the matter: will the UK get a deal that is agreeable to the EU and can pass through the parliamentary process at Westminster?
On the 6th of February 2019, European Council President Donald Tusk made a statement that was widely seen as divisive and Theresa May herself described it as “not helpful” and causing “widespread dismay”. Yet reading between the lines in the rest of his statement were two comments that maybe indicate the EU’s thinking:
- He admitted that there was “no political force” in the UK parliament to remain in the EU, a reference to the divided Westminster discussions and votes
- He said that “the most important task is to prevent a no-deal” (and therefore, no transition period out of the EU)
Does President Tusk’s unhelpful comment mean that payroll professionals now have a new certainly in life – there will be tax there will be death and the UK will leave the EU with a deal?
There seems to be an indication but the uncertainty remains: “what will the deal look like and what will it actually mean for UK payroll professionals and employers”?!