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VAT and Brexit

Although it was clear VAT would be impacted significantly by Brexit, the prolonged exit negotiations and the last minute “deal” with the EU, alongside the pandemic, all conspired to mean that there wasn’t a great deal of time to prepare for VAT...

ACCA: VAT and applying the IOSS or OSS schemes

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Understand the differences between the one stop shops From 1 July 2021, the VAT exemption for the importation of goods with a value not...

ACCA: How to claim EU VAT refund after Brexit

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Businesses must follow a new route to get VAT refund paid in EU countries Following the UK’s departure from the EU on 31 January 2020 – and...