- Following Brexit, Italian/UK traders seeking refunds of value-added tax (VAT) paid on business purchases were required to appoint local VAT representatives in the UK/Italy.
- Under a reciprocity agreement signed on 7 February 2024, Italian/UK traders are now allowed to claim a VAT refund in the UK/Italy according to the so called “Thirteenth Directive.”
- The agreement is retroactively effective as from 1 January 2021.\
Source EY
