BREXIT VAT Changes in 2021 and UK VAT Registration

submitted 2 years ago by jhaydckris to business

The New Year 2021 brought in changes in VAT compliance in UK following Brexit. As an e-commerce seller, dealing business with the EU now is different. Before we dive into the important points, note that UK VAT is the same as EU VAT—it is a consumption tax levied on goods and services bought in the UK.