The UK has left the EU and at the end on the transitory period on the 31st of December 2020 it will leave the EU single market and customs union.
As a result, from 1 January 2021 the rules for trading with the UK will change for EU companies trading with this country, which has lead its tax authorities to launch an information site with practical aspects to consider.
Given its practical approach, it is of special interest on this matter the article “UK VAT-Bad Brexit News for Non-Established Businesses; Take Action” published by our colleague Steve Botham, which we take the liberty to link.
Source: ivaconsulta.com
Latest Posts in "United Kingdom"
- UK VAT Threshold Debate: Growth-Boosting Increase or Revenue-Raising Decrease at Autumn Budget?
- Chancellor Proposes Raising VAT Registration Threshold to £100,000 to Boost UK Economy
- ICS2 Implementation for Northern Ireland: Transition Details and Support for Carriers by HMRC
- FTT Rules Ferrero’s Nutella Biscuits Not Partly Chocolate-Covered, Zero-Rated for VAT
- HMRC Wins Upper Tribunal Case Against Mini Umbrella Company Fraud, Tightens Compliance Rules
