The U.K. has left the EU and is in a transitional period until Dec. 31, 2020. Starting Jan. 1, 2021, all supplies of goods from the EU to the U.K. and vice versa will become imports and exports and be subject to customs obligations. Customs duties and value-added tax (VAT) will be charged on imported goods, depending on the type of goods involved.
This presents unique challenges but also opportunities. In order for businesses to thrive, they’ll need to navigate the complex rules of Customs and VAT to continue trading with the EU. Is your business fully prepared? Do you know what to do as of Jan. 1, 2021 when trading with the U.K.?
Join us for a “Brexit briefing” after the Oct 15-16 EU Council meeting. Our exclusive briefing will cover VAT, B2B trade goods, B2C trade goods and simplification rules as well as the following:
Patrick King and Alison Horner, MHA MacIntyre Hudson
Marisa Hut, Baker Tilly Netherlands
Lynette Stolarzyk, Baker Tilly US, LLP
*This webinar will offer 1 CPE credit.
Who should attend? U.S. entities doing business within the U.K. and EU
Baker Tilly US, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org.