When it comes to Brexit, the answers to whether the UK’s departure from the EU is signed, sealed, and delivered are no, no and most definitely not – but that doesn’t mean that businesses are sitting back and waiting for direction. Tim Sarson, tax partner, and Sarah Beeraje, senior manager of international tax, of KPMG UK discuss how businesses have reacted to the UK’s vote to leave the EU.
An economic partnership now lies in shambles following the UK’s unilateral decision to separate from the European Union. The impact of this split will be felt by Asian businesses that need to prepare for this unprecedented change. Lam Kok Shang, head of indirect tax, and Angelia Chew, Asia Pacific trade and customs leader, of KPMG in Singapore, explore what may lie ahead.