Brexit ― other considerations for the end of the implementation period

Produced by Tolley
Brexit ― other considerations for the end of the implementation period

The following Value Added Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:

  • Brexit ― other considerations for the end of the implementation period
  • Impact on cross-border VAT refunds
  • Impact on EU statistical submissions
  • EC Sales Lists
  • Intrastat returns
  • Impact on requirements to appoint tax representatives
  • Impact on liability of supplies
  • Women’s sanitary products
  • Dispensing drugs
  • Fund management exemption
    • More...

This guidance note considers a number of miscellaneous changes to VAT rules which arose at the end of the Brexit implementation period.

Specifically it looks at:

  1. •

    cross-border refunds

  2. •

    statistical submissions like ESLs and Intrastat

  3. •

    tax representatives

  4. •

    changes to VAT liability of supplies

For an overview of Brexit more broadly, see the Brexit ― overview guidance note.

For further in-depth commentary on the law, see De Voil Indirect Tax Service V1.301.

Impact on cross-border VAT refunds

Prior to the end of the implementation period, the UK was part of an EU-wide cross-border refund scheme which allowed businesses to use their HMRC portal in order to claims VAT refunds of VAT incurred in EU member states (as described in the Overseas VAT refunds (until 31 December 2020) guidance note). This is no longer an option for EU VAT incurred from 1 January 2021 and the portal is no longer available for UK businesses from 1 April 2021.

Where the cross-border refund scheme is no longer available to UK businesses, they may nonetheless be able to claim a refund of VAT via the paper based 13th Directive Refund system (a similar scheme allowing businesses not established in the EU to make refund claims for VAT incurred in the member states). For details of this scheme

There’s no margin for error.
Think Tax.
Think Tolley.
TolleyGuidance gives you direct access to critical, comprehensive and up-to-date tax information and expertise you can rely on.
Take a free trial
Popular documents
LEXISNEXIS

Withholding tax

IntroductionUK tax must be withheld on UK payments including:•interest•royalties•rental incomeWithholding tax may be reduced under double tax treaties (DTT) or European directives, both of which may be subject to making a formal claim.This guidance note outlines the rules for UK withholding tax, and

LEXISNEXIS

Indexation allowance and rebasing

This guidance note explains the general rules surrounding the availability of indexation allowance on the disposal of company assets and provides information on the rebasing rules for assets held on 31 March 1982. For an overview of the general position regarding company disposals, please refer to

LEXISNEXIS

Maintenance payments

Maintenance payments are payments made by a taxpayer to their former or separated spouse for the maintenance of that former spouse or their children. To obtain any tax relief for maintenance payments, one of the couple must have been born before 5 April 1935 and the payments must be made by virtue

LEXISNEXIS

Utilising the capital gains tax annual exemption

Why is this important?Tax-free amountEach individual, whether or not they are resident in the UK, is entitled to an annual exempt amount when calculating the taxable amount of their chargeable gains for the tax year (although see the exceptions below). The annual exempt amount is also known as the