30 November 2020
HMRC have recently confirmed that businesses who import and export goods from Northern Ireland (NI) will need a special Economic Operator Identification Number (EORI) starting with the country prefix of “XI”.
An EORI is a unique customs number that allows businesses to clear goods into or out of EU countries. From 1 January 2021, traders who import into or export goods from Northern Ireland will require this new ‘XI’ EORI number in order to carry on trading as GB EORI numbers will no longer work.
In order to apply for the new EORI number, traders must already have a UK EORI number that starts with GB. However, HMRC have confirmed that they will automatically issue these numbers to businesses that they believe are trading from Northern Ireland with non-EU countries.
LATEST NEWS
Sri Lanka defers non‑resident VAT on B2C...
Sri Lanka’s Inland Revenue Department (IRD) has announced a further deferral of VAT on digital services supplied through electronic platforms by...
SEE MORE
LATEST NEWS
Germany provides further guidance on how e-invoicing...
The German Ministry of Finance (Bundesministerium der Finanzen, BMF) has updated the e‑invoicing frequently asked questions on its website. The updated FAQs...
SEE MORE
LATEST NEWS
Slovakia proposing to extend domestic reverse charge...
Slovakia is considering expanding its domestic “reverse charge” VAT rules to certain higher risk services. The sectors reported to be in scope include IT...
SEE MORE