Could ‘hard Brexit’ cause social security difficulties for employees who work abroad?
Since the UK’s vote to leave the EU on 23 June 2016, one of the key areas for employers with internationally mobile workers has been immigration. Another area which may also have a significant impact on employers with a globally mobile workforce are the EU social security regulations. Under current EU regulations, where an employee meets the necessary conditions as a posted or multi state worker, it is often possible for the employee to remain in their home country social security system. This allows the employee to maintain an unbroken social security record in their home country. However, the prospect of a ‘hard Brexit’ throws doubt as to whether this system will continue for internationally mobile workers, which could mean changes are required to employers’ policies and processes and possible additional social security costs.
For more information, please see our flyer. If you have any questions on what this could mean for you or your employees, then please get in touch with one of the named contacts or your usual KPMG contact.
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