Since officially exiting the EU on January 31, the UK remains in a “transition period” that keeps it affixed to both the EU’s Customs Union and Single Market. As the nation anticipates full departure from the bloc, experts point to “inevitable” bottlenecks to international supply chains and the need for F&B businesses to adapt rapidly to trade policy revisions. On these topics, FoodIngredientsFirst speaks to Russell Hughes, VAT Consultant at UK-based VAT compliance and consultancy organization Accordance.
Source: foodingredientsfirst.com
Latest Posts in "United Kingdom"
- HMRC to Introduce Multi-Factor Authentication for Agent Sign-In Starting April 2026
- Manufacturer’s Payments to UK Government Not Price Reductions for VAT on Medicine Supplies, Tribunal Rules
- Upper Tribunal Rules NHS Pricing Payments Don’t Generally Reduce VAT on Medicines Supplies
- HMRC Moves VAT Deregistration Option to Tax Questionnaire Online for Land and Property
- VAT Removed on Donated Goods to Charities from April 2026: Key Conditions and Guidance
