Find out how Brexit has reshaped VAT and the indirect tax environment, as Paul Wilson outlines both the good and bad news for businesses and consumers.
When the United Kingdom left the European Union at 11pm on 31 December 2020, the world of indirect taxes and particularly VAT changed in an instant. Some changes have gone largely unnoticed but others have created headaches and nasty surprises.
Here we highlight some of the key changes that have taken place. First, the good news…
Duty-free shopping is back
Source Grant Thornton
