At 11pm on 31 December 2020 the implementation period (IP) provided for in the Withdrawal Agreement between the UK and the EU came to an end. Whilst the UK had technically ceased to be a member state of the EU with effect from 31 January 2020 the effect of the Withdrawal Agreement was that for many purposes including VAT and customs duties the UK continued to be treated as an EU member state.
As a result of the end of the implementation period the provisions of the EU (Withdrawal) Act 2018 (Withdrawal Act) concerning ‘retained EU law’ come into effect. This means that the vast body of VAT law as it applied at 11pm on 31 December 2020 will become ‘retained EU law’. This...
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At 11pm on 31 December 2020 the implementation period (IP) provided for in the Withdrawal Agreement between the UK and the EU came to an end. Whilst the UK had technically ceased to be a member state of the EU with effect from 31 January 2020 the effect of the Withdrawal Agreement was that for many purposes including VAT and customs duties the UK continued to be treated as an EU member state.
As a result of the end of the implementation period the provisions of the EU (Withdrawal) Act 2018 (Withdrawal Act) concerning ‘retained EU law’ come into effect. This means that the vast body of VAT law as it applied at 11pm on 31 December 2020 will become ‘retained EU law’. This...
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If you do not subscribe but are a registered user, please enter your details in the following boxes: