Four and a half years after the UK voted to leave the EU, a deal between the UK and EU was finally reached. The expiry of the transition period on 31 December 2020 marks the start of a new relationship between the UK and the EU. We have identified the…

On 20 July 2020, HMRC published new guidance about how VAT will apply to sales of goods in the UK from 1 January 2021. The rules broadly align with the EU proposals for distance sales and imported goods, currently due to come into force from 1 July 2021.

Businesses impacted by these changes include overseas sellers of goods to UK customers, all Online Marketplaces (OMPs) which facilitate sales to UK customers and businesses that currently rely on goods being imported VAT-free under the low value consignment relief.

The UK Government’s refusal to request an extension to the Brexit transition period, along with the outstanding issues in the negotiations, means that the chances of the EU and the UK trading on a “no-deal” basis as of 1 January 2021 have increased. It is vital, therefore, for companies to…

On 17 October 2019 the UK and EU approved a revised Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community, as endorsed by leaders at a special meeting of the European Council, a legally binding…

As the deadline for the UK’s withdrawal from the EU approaches, and Brexit negotiations continue, it is vital for companies to address the challenges to their business. We have identified the key areas that will be impacted by a “no-deal” Brexit and outlined recommendations of what to consider for each…