Brexit transition planning: VAT on overseas goods
24 November: HMRC has published guidance on how organisations deal with VAT when selling overseas goods to customers within Great Britain from 1 January 2021.
The UK Brexit transition period ended on 31 December 2020. New rules apply from 1 January 2021. This page brings together resources from the EU, UK and other jurisdictions providing practical information on trade, investment and doing business.
The UK has negotiated agreements with its international trading partners, including the EU and Japan, that set out the rules on trade. Our UK trade agreements page brings together guidance and resources from the UK government, the EU and other useful sources on the new EU-UK treaty and trade agreements with non-EU countries.
24 November: HMRC has published guidance on how organisations deal with VAT when selling overseas goods to customers within Great Britain from 1 January 2021.
19 November: HMRC confirms access to the EU VAT refund system will end on 31 March 2021 and claims relating to VAT incurred after 31 December 2020 will have to be made manually.
10 November 2020: The UK government has created the Trader Support Service to help firms involved in the movement of goods between Great Britain and Northern Ireland. It provides support on adapting to new processes, including issuing XI EORI numbers which are mandatory from 1 January 2021.
3 November 2020: A webinar hosted by the UK Association of Southeast Asian Nations Business Council has highlighted the strength of the UK-Vietnam trading relationship and the continued opportunities available to both countries.
30 September 2020: As the Brexit transition period nears its end, businesses in the UK and EU face a number of VAT issues that need to be addressed, says indirect tax expert Stephen Dale, FCA.
30 September 2020: As the Brexit transition period nears its end, manufacturers are working to get measures in place in preparation. Rittal UK’s finance and HR director explains some of the complications involved.
25 September 2020: Stavros Pantzaris, Partner and Chairman of the Board at EY Cyprus, says that Cyprus’s economy is battling through the impacts of pandemic and is squaring up to Brexit.
22 September 2020: It was no good making assumptions. The Port of Rotterdam had to prepare for no UK/EU trade agreement early and now, with just a few weeks to go, it has already built a community of consensus, through stakeholder buy-in, to its new procedures.
Looking for more business guides and information on setting up, trading and travelling to specific countries? Our Doing business in... guides cover over 160 jurisdictions around the world, providing links to key information and support networks.
Tool designed to provides businesses with a quick and accessible way to check their readiness across a number of key areas from customs procedures to movement of people. After answering a few questions the tool produces an individualised report which provides advice on the next steps and a selection of targeted resources.
Cyprus Government portal providing news and announcements about Brexit. The section for businesses covers information relevant to trading goods and services. Information on residence rights and residence documents in Cyprus is also available.
Brexit information from the Danish Customs Agency (Toldstyrelsen), with Brexit for business pages covering customs, tax and duty from 1 January 2021. A Brexit hotline is available for companies with questions about trading with the UK after Brexit.
Brexit information from the Belgian Federal Government, to help Belgian citizens and businesses prepare for Brexit. Links are provided to relevant government resources, including a Brexit checklist provided by Belgian Customs and a Brexit Impact Scan to help Belgian companies assess the possible impact of Brexit on their business.
Experts from the German-British Chamber of Industry & Commerce answer frequently asked Brexit questions from companies based in the UK. Topics covered are: Marketing; Legal; Thoughts on Contractual Drafting for Brexit; Tax.
Practical guidance from the Government of Ireland to help businesses and citizens prepare for Brexit. Includes the Government's detailed Brexit Readiness Action Plan to prepare for the end of the Brexit transition period on 31 December 2020.
French government portal providing French citizens and businesses with practical information related to Brexit, including importing and exporting advice.
Logistics information for parties transporting cargo through the Dutch ports after Brexit. Short instruction videos and a Get Ready for Brexit handbook (PDF, 37 pages) are provided.
The UK has negotiated agreements with its international trading partners, including the EU and Japan, that set out the rules on trade. Our UK trade agreements page brings together guidance and resources from the UK government, the EU and other useful sources on the new EU-UK treaty and trade agreements with non-EU countries.
Brief guidance on how EEA companies and groups with a presence in the UK can comply with UK accounting and reporting requirements. It also covers entities operating as an EEA company with a UK listing and auditing EEA companies.
Information for EU businesses on buying and selling goods, transporting goods to the UK, exporting food and drink, agri-food, animals, plants and fish, energy-related goods, manufactured goods, cosmetics, trading timber, and trading chemicals from 1 January 2021.
Information for EU businesses on buying and selling goods, transporting goods from the UK, importing animals, plants and fish, controlled goods, trading timber and trading chemicals from 1 January 2021.
Guidance on how to get professional qualifications obtained in the EU, Switzerland, Norway, Iceland and Liechtenstein recognised in the UK.
Handy decision trees from HM Government on the importing and exporting processes from January 2021.
UK government advice to help prepare your business for January 2021 if you are based in the EU. Covers buying or selling goods, paying VAT or claiming VAT refunds, transferring personal data to the UK, providing services in the UK.
EU portal for exports outside the EU or import into the EU which covers duties, taxes, product rules and requirements for all EU countries and over 120 other markets around the world. Includes an A-Z of EU trade agreements with non-EU markets and a Rules of Origin self-assessment tool (ROSA).
Guidance from the European Commission to help businesses prepare for changes to customs and tax from 1 January 2021, when the Brexit transition period will have ended. Includes relevant 'notices for readiness' and a Brexit checklist for traders (PDF, 1 page).
The EU-UK Joint Committee endorsed all formal decisions and other practical solutions related to the implementation of the Withdrawal Agreement on 17 December 2020. The Withdrawal Agreement, and the Protocol on Ireland and Northern Ireland in particular, will now be implemented on 1 January 2021. More detail is available in the Questions & Answers document.
Summary of the draft Trade and Cooperation Agreement highlighting the impact to trade, law enforcement and judicial cooperation, and governance. The press release also outlines next steps for the European Commission and Council. A detailed Q&A is available.
The EU's single phone number for citizens is available to answer Brexit-related questions from citizens, businesses and stakeholders in all 24 official languages. Questions related to the UK will be treated as a matter of priority. The Contact Centre is available via free phone from all Member States and the UK – dial 00 800 6789 1011 or arrange a free call back.
Guidance from the European Commission to help businesses prepare for the end of the transition period. Includes a Brexit readiness checklist for companies doing business with the UK (PDF, 6 pages) and sector-specific advice.
Over 100 sector-specific readiness notices produced by the European Commission to help businesses prepare for the end of the Brexit transition period. The notices explain the legal situation and provide advice to stakeholders in each sector.