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
Nova Scotia to decrease its standard Harmonised Sales...
From 1 April 2025, the Canadian province of Nova Scotia will reduce the HST rate applied in the province from 15% to 14%. There are no other HST rate changes...
SEE MORE
LATEST NEWS
European Commission publishes 2025 Work Programme...
The European Commission recently published its 2025 Commission Work Programme outlining progress on the 2028 Customs Reforms, including a new EU Customs...
SEE MORE
LATEST NEWS
EU Parliament gives approval to VAT in the Digital Age...
During February 2025 the European Parliament approved the Draft Council directive relating to the VAT in the Digital Age reforms (ViDA). This follows...
SEE MORE