This matrix is a summary of the various impacts on withholding taxes on income which will apply following the exit of the UK from the European Union (EU). In line with the withdrawal agreement under article 126, it is understood that a transitional period until 31 December 2020 will be permitted.
The primary focus of the matrix is on the effects of the termination of the various tax reliefs available to UK taxpayers under the current various EU level and member state domestic provisions, all of which are dependent upon the UK being a member of the EU.
Please note that the tax rates reflected within the matrix are for general information only. The matrix and content are not intended to be comprehensive nor should the matrix and its content be construed as providing legal, regulatory, financial or other advice to any person. No representations, warranties or undertakings are made or given as to the accuracy, completeness or reliability of this matrix or the information or views contained within. UK Finance is not responsible for the matrix and its content, nor is it liable to any person for any matters, issues or claims arising from or in connection with the use of this matrix or any of the information or views contained in this matrix. Where necessary and appropriate, professional tax advisors should be consulted by Investors to determine the impact of these tax rates on their individual circumstances.
