½Û×ÓÊÓƵ

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 of customs declarations can be complicated and requires a business to have compatible software,

Access this article and thousands of others like it
free for 7 days with a trial of Tolley+™ Guidance.

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

Home/ ½Û×ÓÊÓƵ Guidance/ Value Added Tax / Other practical considerations

Popular Articles

Trusts and Inheritance Tax

Gifts out of surplus income

Gifts out of surplus incomeA valuable exemption from inheritance tax (IHT) applies to gifts out of surplus income. This exemption applies only to lifetime gifts and is therefore a key part of lifetime planning. The exemption applies to both outright gifts and gifts into trust. Gifts which meet the

14 Jul 2020 11:48 | Produced by Tolley in association with Emma Haley at Boodle Hatfield LLP Read more Read more
Value Added Tax

Exporting goods ― proof of export

Exporting goods ― proof of exportIn addition to the requirements laid down in the Exporting goods ― overview guidance note, businesses intending to zero-rate exported goods must hold satisfactory evidence that the goods have been delivered to a destination outside of the UK. If satisfactory evidence

15 Dec 2020 14:02 | Produced by Tolley Read more Read more
Owner-Managed Businesses

Allowable deductions for employee-related expenses

Allowable deductions for employee-related expensesThis guidance note covers the tax treatment of some common types of trading expenditure relating to employees. Some of these are disallowable under general principles, for example the wholly and exclusively test or capital versus revenue expenditure.

14 Sep 2022 09:49 | Produced by Tolley Read more Read more