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

Hungary to introduce mandatory digital VAT filing from...

From 1 January 2027, all businesses registered for VAT in Hungary will be required to file their VAT returns through the country’s eVAT, or eÁFA, system...

SEE MORE
VAT news
LATEST NEWS

EU customs reform increases responsibilities for...

In September 2026, the EU formally adopted a new Customs Code that will significantly change how goods are imported into the EU. Although the reforms apply...

SEE MORE
VAT news
LATEST NEWS

Germany plans import VAT accounting reform

Germany is planning to introduce a new import VAT accounting system from 1 January 2030, which could significantly improve cash flow for businesses importing...

SEE MORE
VAT news

Gated Content

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