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Brexit VAT & Customs checklist

What are the key actions businesses should take following the UK leaving the EU Customer Union and VAT regime on 1 January 2021 A checklist of VAT and Customs actions to keep goods moving and limit V...Continued

US closing sales tax loopholes for foreign sellers

A number of US states are tightening their rules on the obligations for foreign, or ‘remote’ sellers to register and charge sales tax to local consumers...Continued

Greece delays myDATA e-invoices e-books to 1 Apr 2021

Greece has announced that the mandatory introduction of e-invoices and e-books has been delayed from 1 January 2021 to 1 April 2021. This is due to the economic disruption caused by the COVID-19 pande...Continued

Greece VAT measures for coronavirus

The Greek government has introduced a number of VAT measures to help businesses cope with the COVID-19 epidemic. ...Continued

European 2021 VAT registration and Intrastat threshold changes

Below is a summary of the main European 2021 VAT registration threshold and Intrastat reporting thresholds. You can check 2021 global VAT rate changes here....Continued

EU-UK Brexit preferential tariffs and rules of origin

The EU and UK have agreed a regime of nil or preferential customs duties (tariffs) for goods that comply with the rules of origin from 1 January 2021 in their Trade and Cooperation Agreement. This mea...Continued

UK 2021 VAT on e-commerce B2C imports

The UK’s HRMC has released details of the changes to VAT on goods sold from overseas to UK consumers after the end of the Brexit transition period, 31 December 2020. The 1 January 2021 UK B2C ecommerc...Continued

UK marketplaces Brexit VAT liabilities

Marketplaces trading in the UK are set to be hit by a triple tsunami of customs obligations and VAT charges after 31 December 2020. These arise from the end of the Brexit transition period, and HMRC’s...Continued

UK Intrastat required after Brexit? Yes!

Following Brexit, businesses importing (arrivals) goods into Great Britain (UK minus Northern Ireland) from the EU are still expected to prepare monthly Intrastat reports if over the £1.5m reporting t...Continued

UK exited EU VAT regime 31 December 2020 - Brexit

The UK exited the EU VAT regime, Customs Union and Single Market from 1 January 2021. This means the loss of a range of compliance simplifications and the imposition of customs declarations, goods reg...Continued