Whilst Brexit negotiations between the UK government and the EU are continuing, time is growing increasingly short. If there is no deal agreed, the UK will leave the EU VAT and customs unions on 31 October 2019.
We have highlighted below the key VAT and customs points that businesses should be aware of and planning for. If you are likely to be affected, you should familiarise yourself with the relevant sections of the latest UK government guidance concerning UK customs, excise and VAT rules, which are being regularly updated. These can be found here.
Source: saffery.com
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