UK: Invitation PwC global customs and international trade Brexit webcast: 9 July 2020


With the continuing uncertainty over the possibility of an extension to the Brexit transition period beyond 31 December 2020, PwC UK is hosting a global webcast on Thursday 9 July 2020 at 3pm-4pm CET.

Read More »

UK – customs tariffs after Brexit as from 1 of January 2021


During the current Brexit transition period, goods can still be shipped tariff free and without import and export formalities from the EU mainland to the UK and vice versa. After the transition period, scheduled for 1 January 2021, EU – UK trade will be subject to import and export formalities and the UK will set its own customs tariffs. The UK has now announced what these tariffs will be.

Read More »

UK – tax measures in response to COVID-19


The UK has just announced a new UK VAT zero-rate effective from 1 May 2020 until 31 July 2020 for PPE.
https://www.legislation.gov.uk/uksi/2020/458/article/4/made

Read More »

UK – import duty and import VAT payments due 15 April 2020


The UK tax authority, HMRC, has announced that businesses which will struggle to meet deferred import duty and import VAT payments due on 15 April can apply to defer those payments. HMRC will be available over the Easter holiday weekend to deal with those requests. Affected businesses are urged not to wait until Tuesday 14 April, as HMRC anticipates delays following the Bank Holiday.

Read More »

UK – Pay no import duty and VAT on medical supplies, equipment and protective garments (COVID-19)


Find out how to pay no import duty and VAT on protective equipment, relevant medical devices or equipment brought into the UK from non-EU countries during the coronavirus (COVID-19) outbreak.

Find more information on the topic by clicking the link below:

https://www.gov.uk/guidance/pay-no-import-duty-and-vat-on-medical-supplies-equipment-and-protective-garments-covid-19

UK – THE UK DIGITAL SERVICES TAX: COMPLIANCE


HMRC has updated and published guidance in 5 areas on 1 April 2020 (clickable links):

  1. Check if you need to register for Digital Services Tax
  2. Pay your Digital Services Tax
  3. Register for Digital Services Tax and change your details
  4. Submit a Digital Services Tax return
  5. Work out your Digital Services Tax
Read More »

UK – Pay no import duty and VAT on medical supplies, equipment and protective garments (COVID-19)


Find out how to pay no import duty and VAT on protective equipment, relevant medical devices or equipment brought into the UK from non-EU countries during the coronavirus (COVID-19) outbreak.

Read More »

UK/Switzerland – BREXIT update


The UK’s departure from the EU – BREXIT – took effect on 31 January 2020 under the terms of the Withdrawal Agreement agreed with the EU in October 2019. As a consequence, the UK has left the political institutions of the EU and entered a transition period. During this transition period (until 31 December 2020), EU regulations will in principle continue to apply in the UK. In the course of the next months the UK government and the EU will negotiate a comprehensive trade deal.

The BREXIT may have an impact on the treaty clearance for payments between Switzerland and the UK and puts treaty claims at risk based on the Swiss-US DTT:

Payments from the UK to Switzerland / from Switzerland to UK: replace 823C with 823B

Read More »

EU : EORI Number and Brexit


UK left EU on January 31, 2020. Transition period run until December 31, 2020.

In the Netherlands the Dutch customs authorities have already granted Dutch EORI numbers to companies which have a UK EORI number as well. Therefore number of companies have two active EORI numbers in place.

Read More »

UK – EU VAT refunds amended legislation in connection with Brexit


HMRC confirmed that the transitional legislation for EU VAT refunds under Part 20 of the VAT Regulations 1995 has been amended to reflect the change in Exit Day from 29 March 2019. The revised legislation was laid on 5 September 2019. You can access a copy of it from this link >

 

Image source: unsplash.com