UUֱ

Brexit ― international movements of goods after the implementation period


Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance
tag-icon Brexit

Brexit ― international movements of goods after the implementation period


Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance
tag-icon Brexit
imgtext

This guidance note considers a number of issues associated with Brexit and the international movement of goods.

For an overview of the impact of Brexit on VAT and customs more broadly, see the Brexit ― overview guidance note.

Issues associated with Northern Ireland are covered in the Northern Ireland ― overview guidance note.

For further in-depth commentary on the law, see De Voil Indirect Tax Service V1.301.

What is the impact on customs and customs declarations?

Under the terms of the Withdrawal Agreement agreed between the UK and the EU, Great Britain left the EU customs union.

As Great Britain left the EU customs union, many businesses moving goods to or from the EU started to deal with customs declarations despite not being required to do so previously. Customs declarations are required irrespective of the fact that the UK negotiated tariff and quota-free trade with the EU for originating goods.

As the completion

Access this article and thousands of others like it
free for 7 days with a trial of TolleyGuidance.

TAKE A FREE TRIAL
Powered by
  • 14 Sep 2022 11:02

Home/ Tolley Tax Guidance/ Value Added Tax / Other practical considerations

Popular Articles

Personal Tax

Income tax losses ― overview

Income tax losses ― overviewIncome tax losses can arise due to a number of reasons, but not all losses can be relieved against total income and some losses can only be set against certain types of component income. The table below is a summary of the main reliefs for income tax losses.Summary of

04 Mar 2021 12:19 | Produced by Tolley Read more Read more
Employment Tax

Incentives, awards and prizes

Incentives, awards and prizesIntroduction ― incentives, awards and prizesEmployers may use a variety of methods to reward and encourage employees in their work. These are commonly known as incentives, awards or prizes. For the purposes of this note, the term ‘award’ will be used to cover all

14 Jul 2020 11:57 | Produced by Tolley Read more Read more
Employment Tax

Payroll record keeping

Payroll record keepingUnder SI 2003/2682, reg 97, “...an employer must keep, for not less than 3 years after the end of the tax year to which they relate, all PAYE records which are not required to be sent to [HMRC]...”. Reasons for keeping the records include:•being able to calculate tax and

14 Jul 2020 12:52 | Produced by Tolley in association with Vince Ashall Read more Read more