- New UK Trader Scheme (UKTS) will help ensure traders don’t pay tariffs on the movement of goods into Northern Ireland from Great Britain where those goods remain in the UK’s customs territory
- Traders can self-declare goods not ‘at risk’ of entering the EU so that they’re not subject to EU duty
- Businesses urged to consider what they need to do before their first movement of goods after 1 January 2021
Source gov.uk
Latest Posts in "United Kingdom"
- VAT Rules for Workwear, Uniforms, and Staff Clothing: What Businesses Need to Know
- Understanding E-Invoicing: Benefits, Challenges, and the Future for UK Businesses and Government
- How Overseas Businesses Can Reclaim UK VAT: Eligibility, Deadlines, and Key Conditions
- Beginner’s Guide to UK VAT: Registration, Rates, Exemptions, and Record-Keeping Explained
- UK Tribunal Overturns VAT Fraud Penalty, Clarifies Input VAT Deduction Rights for Taxpayer