Brexit transition planning: VAT on overseas goods
24 November: HMRC has published guidance on how organisations deal with VAT when selling overseas goods to customers within Great Britain from 1 January 2021.
International news and insights on Brexit
Articles, updates and features from ICAEW offering analysis and commentary on how the UK's exit from the EU affects trade and business internationally.
Brexit transition planning: VAT refunds
19 November: HMRC confirms access to the EU VAT refund system will end on 31 March 2021 and claims relating to VAT incurred after 31 December 2020 will have to be made manually.
End of transition: free support on changes to Northern Ireland trade
10 November 2020: The UK government has created the Trader Support Service to help firms involved in the movement of goods between Great Britain and Northern Ireland. It provides support on adapting to new processes, including issuing XI EORI numbers which are mandatory from 1 January 2021.
What will Brexit mean for our relationship with Vietnam?
3 November 2020: A webinar hosted by the UK Association of Southeast Asian Nations Business Council has highlighted the strength of the UK-Vietnam trading relationship and the continued opportunities available to both countries.
Post-Brexit VAT: a minefield both sides of the Channel
30 September 2020: As the Brexit transition period nears its end, businesses in the UK and EU face a number of VAT issues that need to be addressed, says indirect tax expert Stephen Dale, FCA.
CE marking: just one headache for the manufacturing sector
30 September 2020: As the Brexit transition period nears its end, manufacturers are working to get measures in place in preparation. Rittal UK’s finance and HR director explains some of the complications involved.
Cyprus faces up to pandemic and Brexit
25 September 2020: Stavros Pantzaris, Partner and Chairman of the Board at EY Cyprus, says that Cyprus’s economy is battling through the impacts of pandemic and is squaring up to Brexit.
Port of Rotterdam: “every Brexit is a hard Brexit”
22 September 2020: It was no good making assumptions. The Port of Rotterdam had to prepare for no UK/EU trade agreement early and now, with just a few weeks to go, it has already built a community of consensus, through stakeholder buy-in, to its new procedures.
ICAEW's Brexit hub
Find more guidance and material on how to prepare for the end of the transition period.