Customs 101: VAT Implications for UK Exporters in 2021

Depending on the agreed terms of sale between the GB exporter and European buyer there may be additional VAT requirements for the GB business.

This one hour webinar looks at how these additional VAT requirements arise and the options for a GB business to manage VAT arrangements and liabilities.

Topics covered:

• VAT implications arising from the different terms of sale arising under Incoterms 2020
• VAT obligations for the GB exporter
• VAT arrangements in different EU countries
• Timing of VAT payments
• Possibility of deferring VAT obligations
• Treatment of VAT in relation to E-Commerce
• Virtual Office vs Legal Entity Status in the EU
• Reclaiming VAT payments in the EU