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UK exited EU VAT regime 31 December 2020 - Brexit

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The UK exited the EU VAT regime, Customs Union and Single Market from 1 January 2021.

This means the loss of a range of compliance simplifications and the imposition of customs declarations, goods regulations, services and import VAT.

A Brexit Trade and Cooperation Agreement deal with no goods tariffs or quotas was agreed in time for the end of the Brexit transition period on 31 December 2020.

 
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Article details
Article ID: 27
Category: Brexit
Date added: 2021-01-22 11:38:20
Views: 45
Rating (Votes): Article rated 1.0/5.0 (1)

 
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