More Brexit news! Parliament vote on amendments to Brexit Customs Paper

30 July 2018

During July 2018, the UK Parliament voted to amend the Brexit Customs Paper to ensure that the UK does not remain within the EU VAT regime after leaving the EU in 2020.

The Brexit Customs Paper is a proposal on the future customs relationship between the EU and the UK post Brexit and these amendments will mean that the UK will:

  • Not attempt to collect EU VAT amounts on behalf of EU member states.
  • Not enjoy any cross border trade VAT simplifications such as VAT free (zero rated) intra-community supplies of goods and services from and to the UK.
  • Not be subject to European Court of Justice rulings on VAT and indirect tax.

     
LATEST NEWS

Polish Ministry of Finance issues new National...

The Polish Ministry of Finance recently announced a round of nine public consultations ahead of a newly proposed July 2025 launch date of KSeF B2B e-invoicing...

SEE MORE
VAT news
LATEST NEWS

UPDATE: Belgium confirms the introduction of mandatory...

During February 2024, the Bill legislating for mandatory B2B e-invoicing in Belgium was gazetted, confirming the introduction of an e-invoicing regime from 1...

SEE MORE
VAT news
LATEST NEWS

Senegal introduce VAT on e-services for non-resident...

During the 2023 Finance Act, the Ministry of Finance confirmed that from 1 April 2024 it will introduce VAT on the sale of digital services by non-resident...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.