This article looks at the VAT and Customs consequences of Brexit on your call-off stock arrangements. It aims to analyze the effect on the businesses who have transferred their goods to the EU or the UK before the end of the Brexit transition period on 31 December 2020. Overview is given about changes and transitional measures applicable to call-off stock arrangements which felt under the EU simplification before the end of the Brexit transition period. The detailed overview of the compliance obligations in the Netherlands and EU is also provided.
Source Grant Thornton
