Brexit raises a host of VAT and customs compliance issues. Robert Marchant (Crowe Clark Whitehill) sets out preparatory steps for affected businesses.
Question
I am the finance director of a UK company that manufactures within the UK. We source materials locally as well as from suppliers in Europe and export our final product to businesses all around the world. How could Brexit affect the way in which my business pays VAT and what should we be doing now to ensure that there are no surprises post-Brexit?
Answer
Given the uncertainty surrounding the form Brexit will take and the impact on your business it is important that you monitor developments and consider how you are organised so that assessments can be made when more information is available. You...
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Brexit raises a host of VAT and customs compliance issues. Robert Marchant (Crowe Clark Whitehill) sets out preparatory steps for affected businesses.
Question
I am the finance director of a UK company that manufactures within the UK. We source materials locally as well as from suppliers in Europe and export our final product to businesses all around the world. How could Brexit affect the way in which my business pays VAT and what should we be doing now to ensure that there are no surprises post-Brexit?
Answer
Given the uncertainty surrounding the form Brexit will take and the impact on your business it is important that you monitor developments and consider how you are organised so that assessments can be made when more information is available. You...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
