Moving goods between NI and EU

HMRC has published new guidance Tell HMRC if you sell goods in Northern Ireland or move goods between Northern Ireland and the EU from 1 January 2021 for VAT-registered businesses trading in Northern Ireland or between NI and the EU. Businesses should let HMRC know if:

• their goods are located in NI at the time of sale;
• they receive goods in NI from VAT-registered EU businesses for business purposes; or
• they sell or move goods from NI to an EU member state.

Businesses which have informed HMRC of the above will be eligible to use VAT simplifications when they trade with the EU, their suppliers will able to zero rate goods that they dispatch to them from the EU, and their trade with the EU will remain acquisitions and dispatches when accounting for VAT.