From January 1, 2021 all goods shipped from the EU will be taxed with import VAT and there is a risk that British entrepreneurs would see this as a large claim on their working capital.
At present, these goods are still acquired intra-Community. The VAT reverse charge scheme applies to this, so in general no VAT has to be paid. Until now, the UK has not had a VAT reverse charge mechanism for imports.
However, such a reverse charge will be in place from 1 January 2021. This means that in most cases the VAT does not have to be paid on import. From 1 January 2021, entrepreneurs can declare VAT on import on their VAT return by means of the VAT reverse charge mechanism.
Source GlobalVATcompliance