There have been some interesting developments regarding Brexit’s VAT implications of late. One of those is the UK and EU’s different views on how Northern Ireland should be treated for VAT. This week, HMRC published its policy and guidance on how businesses should account for VAT on goods traded between Northern Ireland and Great Britain. However, the guidance contradicts the EU commission’s view of Northern Ireland released in its notice to stakeholders in April 2020.
Source: vatglobal.com
