Upon leaving the European Union, the UK should not be included in the EU VAT area and adopt its own specific VAT regime, UK lawmakers agreed on July 16, 2018, in a move that may derail the Government’s efforts to agree a Brexit transition period to cushion the impact of Brexit on firms.
Source: Tax-News
Latest Posts in "United Kingdom"
- Cayman Implements New Taxes on Imported Vehicles
- Tribunal Rules Nitrous Oxide Not Zero-Rated Food in Telamara VAT Case
- HMRC Updates VAT Notice 700/18: New Guidelines for Bad Debt Relief Claims
- Call for VAT Cut on Roadside EV Charging as Costs Near Diesel Parity
- Tribunal Orders HMRC to Disclose Evidence in CIS-Pay Ltd Kittel Appeal Case