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Q&A – Brexit and the future of UK VAT refunds after 31 December 2020

With the Brexit transition period ending on 31 December 2020, the United Kingdom will no longer be part of the European Union (EU). Consequently, many tax rules between the EU and the UK will change or no longer apply, among others, the rules for VAT refunds. These changes affect EU-based businesses, businesses established outside the EU such as the US, Switzerland and China, and UK businesses.

VATbox prepared this Q&A for you, addressing the most frequently raised questions.

Source: VATbox

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