20 October 2020: With the Brexit transition deadline looming, HMRC is sending letters to all VAT-registered businesses within Great Britain that trade with the EU and/or the rest of the world.
Customs news and insights
Articles, updates and features from ICAEW offering analysis and commentary on how the UK's exit from the EU affects customs processes and international trade.
9 October 2020: HM Treasury has outlined plans to create modern Freeports across the UK to create new jobs and investment opportunities and help to regenerate communities.
A round-up of Brexit issues to be concerned about.
New Year’s Day 2021 will not be a typical 1 January. An entirely new customs regime will come into force, delivering a shock to companies not sufficiently prepared for the change ahead.
17 September 2020: Duty-free shops will return from 1 January 2021, but international visitors to Great Britain will no longer be able to buy and take with them tax-free purchases from other retailers in the country as the VAT retail export scheme is scrapped.
Challenges facing UK businesses trade with Europe
10 September: It’s now a matter of months before Britain transitions out of the EU. It could prove challenging and costly for businesses that aren’t prepared.