Brexit in the boardroom | KPMG | PL

Brexit in the boardroom

Brexit in the boardroom

The UK referendum poses concerns about the impact a ‘leave’ vote will have on Irish business.

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Brexit in the boardroom

KPMG EU Referendum Online Forum

KPMG in the UK has launched an online forum for access to the firm’s latest thinking on Brexit. Register now for a wide range of resources including videos, webinars and Q&A chats on topics including people and migration, tax, regulation and risk.

The implications for both the Republic of Ireland and Northern Ireland of Brexit are significant. At KPMG we are committed to highlighting these implications particularly as they relate to business.

The UK voted to leave the EU on June 23. From a business perspective there are many issues to consider. Our short document Brexit in the Boardroom highlights:

  1. The trade and other dependencies between both jurisdictions
  2. Outlines the potential relationships a post Brexit UK could have with the rest of the EU
  3. Suggests implications business may need to consider as a result of Brexit
  4. Sets out the detail of the referendum and highlights in brief the position of the campaigns.

For business on this island, much of the Brexit issue rests on the four ‘freedoms’ that underpin the EU, namely the free movement of goods, services, people and capital. The extent to which business is affected by Brexit depends significantly upon how vital these freedoms are to that business and by extension, how much these ‘freedoms’ are affected in the event of a Brexit result. Furthermore, as the UK is leaving the EU, it is uncertain how long it will take for new economic relationships to be agreed. Whilst the formal timetable suggests a two year period, it may be longer as there is no precedent for any state leaving the EU.

Find out more about the implications for business; download Brexit in the Boardroom below.

For more information, contact:

David Deighan
Head of Communications, KPMG Ireland 
David.deighan@kpmg.ie; (01)410 2371

© 2017 KPMG, an Irish partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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