From 1 January 2021, NI will continue to follow the EU’s VAT rules for goods. However, as the UK-wide VAT rules for services will apply to NI, NI VAT-registered businesses will be required to follow a dual VAT regime from 1 January 2021. This Institute and the NI Tax Committee, chaired by Alan Gourley, have been engaging with HMRC on various Brexit matters, including customs changes and the NI VAT regime throughout the course of 2020 and extensively on VAT in particular in recent months.
Source: charteredaccountants.ie
