If your business trades between the UK and the EU, understanding the VAT and Duty implications since BREXIT is essential.
Determining whether your UK exports qualify for zero-rating and knowing how to correctly and efficiently import goods into the UK/EU while recovering VAT are key aspects of international trade - but they can be complex. With each EU country operating its own VAT system and the new UK/EU border in place, there are significant variations in regulations, making it crucial to grasp the indirect tax implications of these cross-border transactions.
HMRC expects businesses involved in the importing and exporting of goods to be fully compliant with the relevant rules. Failure to meet these requirements can lead to VAT/Duty assessments, difficulties recovering import VAT, and even the seizure of goods or other border clearance issues. It appears that HMRC have recently become more focussed on auditing International Trade transactions and many UK businesses now also require at least one EU VAT registration.
Join our expert-led webinar with Azets, where we’ll break down the key VAT and Duty challenges around UK-EU trade—four years after Brexit.
We will cover:
Please note: This event will not be recorded and any material will only be circulated to those that attend
