VATupdate

Further VAT changes on the horizon for online retailers

It has been almost five months now since Brexit and businesses are beginning to get to grips (for better or worse) with the VAT changes that brought. For online retailers, it predominantly involved managing import VAT and duty charges when items arrived at the border. This was because the VAT Distance Sales rules previously applicable to supplies between the EU and UK ceased to apply from 1 January 2021.

Source Crowe

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