VAT news tagged as "Customs union"

United Kingdom

UK Brexit Customs and VAT Bill

January 8th, 2018

On Monday 8 January, the UK Parliament has its second reading of the Taxation (Cross Border Trade) Bill, which lays the ground for the post-Brexit Customs, VAT and Excise regimes. The Bill was published on 20 November 2017, and is part of a series of Brexit laws to adjust UK legislation for post Brexit.  This includes …

United Kingdom

BREXIT Customs Union implications

July 4th, 2016

Following the 23 June UK referendum decision to leave the EU (‘BREXIT’), the UK is to set to leave the EU at some point over the next few years. This will include leaving the EU Customs Union (‘EUCU’), the mechanism for negotiating, charging and collecting import levies on imported goods. Departure from the EUCU will …