No Brexit Deal, No VAT?

Aug 24, 2018

In the event of a No Deal Brexit, the UK government will introduce rules to allow UK importers extra time to pay the VAT due on goods arriving from both inside and outside the EU, according to UK government statements published this week. In a statement today, the Institute says that while it is optimistic that a future trade agreement will be reached, Ireland should match UK VAT proposals, even if a Brexit deal is agreed.

Read the press statement.