Commentary

V1.304B Brexit—registration of businesses previously benefiting from EU simplifications

Part V1 General principles and rates of tax

V1.304B Brexit—registration of businesses previously benefiting from EU simplifications

V1.304B Brexit—registration of businesses previously benefiting from EU simplifications

From IP completion date, UK businesses and their supply chains no longer benefit from EU wide simplifications relating to movements of goods. However these simplifications continue to apply in respect of goods moving between Northern Ireland and the EU, as a result of the Northern Ireland Protocol.

For details of EU wide simplifications, see:

  1.  

    •     call-off stock at V3.213

  2.  

    •     triangulation at V3.388A

  3.  

    •     installed and assembled goods at V3.388AA

As a consequence of the removal of these simplifications, a number of businesses which were not previously required to be

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