NewsBot
07-Jan-21, 04:11
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Eu Firms Stop Trade With Uk To Avoid New Vat Burden Following Post-transition Rule Changes
New VAT rules for overseas firms selling goods into the UK are leading some EU businesses to stop trade with the UK. VAT is now collected by HMRC at the point of sale rather than the point of importation, requiring overseas sellers to register with HMRC and account for VAT themselves, when the sale is lower than a value of £135. [Read Full Article (https://caithness-business.co.uk/article/12804)]
Eu Firms Stop Trade With Uk To Avoid New Vat Burden Following Post-transition Rule Changes
New VAT rules for overseas firms selling goods into the UK are leading some EU businesses to stop trade with the UK. VAT is now collected by HMRC at the point of sale rather than the point of importation, requiring overseas sellers to register with HMRC and account for VAT themselves, when the sale is lower than a value of £135. [Read Full Article (https://caithness-business.co.uk/article/12804)]