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UK warns Brexit import VAT & customs declarations

  • Oct 19, 2020 | Richard Asquith

The UK government is warning today businesses to prepare for customs declarations and import VAT from the EU. A Brexit free trade deal with no goods tariffs or quotas was announced 24 December 2020. These come at the end of the Brexit transition period on 1 January 2021 when the UK leaves the EU Customs Union.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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