Brexit – Goods moving between UK and Northern Ireland. EU and UK have different viewpoints, businesses get the uncertainty.
Latest guidelines from HMRC assume that goods movig from UL to Northern Ireland continue to be a domestic supply of goods subject to UK VAT. https://lnkd.in/df9RS3A
This is in contradiction with the regulation in the Withdrawal Agreement concluded between the EU and the UK whereby Northern Ireland would still be part of the EU. The supply of goods between UK and NI would be an export/import transaction. https://lnkd.in/g59vxU3
When can businesses get the clarity?
Latest Posts in "United Kingdom"
- Property TOGCs Under the Microscope: Navigating VAT Conditions and HMRC Expectations
- Fintua Sponsors Indirect Taxes Annual Conference 2025 in London (Nov 12)
- VAT Hike Would Cause Biggest Economic Damage, Leading Economists Warn Chancellor
- HMRC Clarifies VAT Treatment of Overage Payments on Land Sales
- VAT Error Correction: Amending Returns, Claiming Refunds, and Avoiding Penalties
