From 1 January 2021, when the Brexit transition period comes to an end, all goods entering the UK will be treated as imports regardless of which country they are coming from.
HM Revenue & Customs (HMRC) has been releasing various pieces of guidance on the new border arrangements which should all be taken into consideration when thinking about importing goods to the UK after 31 December 2020.
Source: blickrothenberg.com
Latest Posts in "United Kingdom"
- Supreme Court Decision Mandates Prudential to Pay VAT on £9.3 Million Success Fees
- UK Supreme Court Rules on VAT Grouping and Time of Supply in Prudential Case
- High Court Rules in Favor of Hotelbeds UK on Input Tax Recovery Without VAT Invoices
- HMRC Updates Notice 700/45: Correcting VAT Errors, Claims, and Penalties Guidance Revised
- HMRC Updates VAT Notice 700/45: New Guidelines for Correcting Errors and Claiming Refunds