Test 6

Type


Customs processes

Once we leave the EU, we will leave the Customs Union and so import and export processes will apply. See HMRC’s Brexit page.

VAT

  • After Britain leaves the EU, businesses will have to apply VAT to trading with EU countries in the same way as when trading with non-EU countries. In the long term, the UK will be able to set it’s own VAT rates. But the UK’s short-term policy is to stay as close to the current position as possible – more information.

Vivid Creative Digital Consultants.

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