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All E-Commerce VAT

European Union – United Kingdom – British companies must appoint an intermediary in order to benefit from IOSS

As of 1 July 2021, companies not established in the European Union or established in a third country, with which the EU has not concluded a mutual assistance agreement on VAT, are required to appoint an intermediary in order to be able to use the import scheme. As a reminder, the intermediary is a taxable […]

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All VAT

Czech Republic-United Kingdom – Reciprocity Required For 13th Directive VAT Refunds

As of 1st January 2021, the United Kingdom is definitively considered as a third country. As a consequence, British companies which are intended to request VAT refund in Czech Republic were lied that refund can now only be granted under the so-called « 13ème Directive » procedure). As a reminder, the Czech VAT will only […]

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All VAT

Hungary-United Kingdom – Reciprocity required for 13th Directive VAT refunds

As of 1 January 2021, the United Kingdom is definitely considered a third country. Therefore, British companies wishing to obtain a refund of VAT paid in Hungary are subject to the 13th Directive refund procedure. As a reminder, the refund of Hungarian VAT is only possible if the following conditions are met: Existence of a […]

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All VAT

Brexit – The EU-UK free trade agreement endorsed

In a previous article, we reported that the EU and the UK had agreed a free trade agreement, which included a number of measures to facilitate trade from 1 January 2021. This agreement had been applied provisionally. Following on from this, the Council of the European Union concluded this EU-UK Trade and Cooperation Agreement […]

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All Customs obligations VAT

Brexit – Guidance on the valuation of goods intended to be imported within the United Kingdom

HMRC has published on 21 April 2021 a guidance about the dedicated process in order to calculate the VAT due on goods which imported into the United Kingdom. Different treatment will be required depending on the type of goods (work of art, antiques, etc.). If you would like further explanation, feel free to contact our […]

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All VAT

Brexit – Austria – British companies must appoint a tax representative

The Austrian tax authorities have confirmed to us that UK companies carrying out transactions for which they are liable for VAT in Austria are obliged to appoint a fiscal representative in Austria because of Brexit.  Read more about which EU countries require or do not require UK companies to appoint a fiscal representative.   Contact […]

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All VAT

Brexit – Clarification on the treatment of goods benefiting from the call-off stock simplification in the UK

As previously reported, as of 1 January 2021, and due to the exit of the UK from the European Union, the simplification measure applicable to call-off stocks has ceased to apply. However, the European Commission has published a report clarifying the treatment of goods placed under the call-off stock simplification scheme before 1 January 2021. […]

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All International taxes

Brexit – Details on the movement of products under suspension of excise duty between the United Kingdom and the European Union

Since 1 January 2021, the United Kingdom is definitively considered as a third country. In this context, the United Kingdom’s tax authorities (HMRC) have published a notice clarifying the treatment applicable to the movement of products under suspension of excise duty between the United Kingdom and the European Union. If you would like further details, […]

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All VAT

United-Kingdom – HMRC provides thorough details regarding the reverse charge mechanism for VAT on imports

As a reminder, HMRC had indicated the introduction of the reverse charge on VAT import mechanism as of 1st January 2021. This mechanism applies for all UK VAT-registered companies holding a UK EORI number which import goods into the UK. In this context, the British Tax Authorities provided thorough details regarding the implication […]

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All Customs obligations International taxes VAT

Brexit – HMRC published guidelines for foreign sellers regarding import/export operations between Great Britain and the European Union

The UK Tax Authority, HMRC, has published on the same page two guides on the VAT and customs implications of Brexit for import and export transactions between Great Britain and the European Union. For more information on this subject, please contact our experts. Source: HM Revenue & Customs