The UK left the EU on January 31, 2020. However, both parties agreed upon a transitional period in order to negotiate and try to reach a deal for the future. This transitional period will end on December 31, 2020 and it has been confirmed that the UK will not extend this period. Presently, the negotiations are proving difficult. With every passing day, the risk of a hard Brexit increases. For VAT purposes, a hard Brexit would mean that the UK will be treated in the same way as any other non-EU country (e.g. the United States).
Source: bakertilly.nl
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