With the end of the agreed Brexit transition period on December 31, 2020, the EU excise tax regulations no longer apply in the United Kingdom (UK). It is no longer possible to send or receive excise goods directly to and from the UK. In the future, customs formalities must be complied with for such processes and the EU and UK excise tax regulations must also be observed. In this KMLZ customs newsletter you will find out what the UK excise tax regulations applicable from 01.01.2021 mean for companies based in the EU.
Source KMLZ
Latest Posts in "United Kingdom"
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case
- UK Supreme Court Confirms VAT on Intragroup Fees for Former VAT Group Members