There are new trade rules and taxes that small businesses should be aware of now the Brexit transition period has come to an end.
As of 1 January 2021, the UK government changed how it collects VAT and other import duties on all overseas goods. If you rely on European (and non-European) trade as part of your business, read our Brexit guide for small businesses to avoid an unexpected tax bill.
Source: simplybusiness.co.uk
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