Brexit is now really going to happen. On December 31, 2020, the transition period will end and by January 1, 2021, Great Britain (GB) will also leave the regulations of the European Union (EU) and GB will no longer form part of the VAT and customs territory of the EU. This has the necessary consequences for EU entrepreneurs. In this series of articles we will explain the most important developments from a VAT and customs perspective.
Source: globalvatcompliance.com