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Brexit ― overview


Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance
tag-icon Brexit

Brexit ― overview


Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance
tag-icon Brexit
imgtext

This guidance note considers issues that businesses need to consider in connection with Brexit and VAT.

The UK negotiated a Withdrawal Agreement with the European Union and left on 31 January 2020 subject to the transition / implementation period. The transition period ended at 11pm (GMT) on 31 December 2020 with a Trade and Cooperation Agreement (running to 2000 pages of text including Annexes and Protocols) having been agreed just days before.

For information about the VAT rules in each EU country, please refer to the VAT in the EU guidance note.

How has Brexit impacted UK VAT and customs law?

Prior to the end of the implementation period, a lot of the rules around VAT and customs in the UK were either derived from EU law or were EU laws which had ‘direct effect’ in the UK. The UK was also required to respect case law judgments made by the Court of Justice of the European Union (CJEU).

Since 1 January 2021 (ie the end of the implementation period), the legal position has changed

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  • 23 Nov 2022 18:27

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