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 of this specific mechanism.

If you would like further details, please contact our experts.

Source: HM Revenue & Customs