Brexit – HMRC provides clarifications on VAT treatment of goods movements during the end of the transition period

At the end of the transition period ending on 31 December 2020, the United Kingdom is definitively considered as a third country.

In this context, the HMRC has published a notice clarifying the VAT treatment applicable to cross-border transactions between the EU and the UK at the end of the transitional period.

For further details, please contact our experts.

Source: HM Revenue & Customs