VAT in the UK is managed through VAT returns and is only counted on importation — if you are registered as a VAT payer. Otherwise, VAT is paid on the import declaration. The new rules apply from January 1, 2021, depending on the value of goods shipped.
On December 24, 2020, the United Kingdom and the European Union signed a trade agreement following the United Kingdom’s exit from the EU. MBF-GROUP continues to work to ensure that your goods travel as smoothly as possible between the UK and the EU, taking into account new customs procedures.
As a result of the Brexit agreement, the UK and EU no longer apply the same customs rules, regulatory standards or enforcement mechanisms. Goods crossing the border between the UK and the EU (and return shipments) are now subject to new checks and paperwork, as well as new customs procedures and declarations, which require more and more administration.
The EU is not introducing a phased border control, which means that full customs requirements have been introduced for export from the UK to the EU since January 1, 2021. For export from the EU to the UK, the UK has implemented the requirements in phases, some of which will apply from January 1, 2021, additional requirements from April 1, 2021, and full customs will be implemented from July 1, 2021.
New rules of import VAT: