HMRC‚s Letters: Outstanding SA returns
If you have clients that trade with the EU but they are not registered for VAT, they may also find this information useful as they will not be receiving this written communication directly from HMRC.
No matter what the outcome of the trade deal negotiations, all impacted businesses need to prepare for new processes for moving goods between Great Britain and the EU from 1 January 2021, including:
making sure they have a UK Economic Operator Registration and Identification (EORI) number deciding how they will make customs declarations checking if their imported goods are eligible for staged import controls
HMRC EU exit guidance and support tools:
September/October/November letter to GB VAT registered taxpayers Short information videos Decision trees on importing and exporting processes HMRC‚ s step by step guide to importing HMRC‚ s step by step guide to exporting HMRC will also be running a refreshed social media campaign on its LinkedIn and Twitter channels
LinkedIn: HM Revenue & Customs
Accounting for VAT on goods moving between Great Britain and Northern Ireland from 1 January 2021
HMRC has released new guidance on 26 October in respect of goods moving between Great Britain and Northern Ireland, as well as moving excise goods from GB to NI, from 1 January 2021.
Further guidance on the Northern Ireland Protocol including details about the new Trader Support Service can be found here.