HMRC have circulated their latest reminder letter to UK businesses to ensure they prepare for Brexit. With 2 months to go before the end of the Transition period it is a timely reminder that whatever the state of any “deal” that is reached between the EU and the UK, the way in which a UK business will deal with the paperwork (declarations) when moving goods in and out of the UK and the associated VAT accounting treatment on the imports of goods is going to change.
Source: centurionvat.com
