More from HMRC about what happens to VAT on Services after Brexit

December 22nd, 2020

HMRC have issued further guidance on what will happen to VAT on services after Brexit. Initially, B2C services supplied from the UK will be outside the scope of UK VAT.

HMRC have also said that GB-based businesses will no longer have to submit EC Sales Lists for transactions on or after 1 Jan 2021.

Source: https://www.gov.uk/government/publications/accounting-for-vat-on-goods-moving-between-great-britain-and-northern-ireland-from-1-january-2021/accounting-for-vat-on-services-between-the-uk-and-eu-member-states-from-1-january-2021