Legislation

Parliament has, so far, passed two main pieces of legislation relevant to indirect tax.

This FACTSHEET, prepared by the CIOT, ICAEW & ICAS, looks at The Taxation (Cross-border Trade) Act 2018 (aka the Customs Bill) which received Royal Assent on 13th September 2018. The Act provides a framework of enabling powers to impose and regulate a UK customs duty regime on the import and export of goods, and amend current UK VAT and excise duty laws, once the UK has left the EU.” Under the heading “Taxation (Cross-border Trade) Act 2018, below the “CIOT submission on Taxation (Cross-border Trade) Bill. Please note that references to ‘no-deal’ are superseded as we have entered a transition period. 

 

Customs, VAT and Excise regulations: leaving the EU with no deal

A variety of statutory instruments have been were laid in the event of a no-deal, but were withdrawn on 5 February 2020 as we entered a transition period instead. See this landing page for  reference.

 

Customs legislation

Three statutory instruments have been published that set up a customs union between the UK and IOM, Jersey and Guernsey. This retains the current customs duty position between the UK and these crown dependencies post transition period.

Crown Dependencies Customs Union (Guernsey) (EU Exit) Order 2018
Crown Dependencies Customs Union (Isle of Man) (EU Exit) Order 2018
Crown Dependencies Customs Union (Jersey) (EU Exit) Order 2018

 

Taxation (Cross-border Trade) Act 2018

CIOT submission on Taxation (Cross-border Trade) Bill

 

EU (Withdrawal Act)

CIOT submission and press release on the EU (Withdrawal) Bill

House of Lords Constitution Committee Inquiry: The European Union (Withdrawal) Bill
October 2017

House of Lords Constitution Committee inquiry into the legislative process
April 2018