Under the UK's VAT rules: VAT is charged on most goods and services sold within the UK and the EU. VAT is payable by businesses when they bring goods into the UK. Goods that are exported by UK businesses to non-EU countries and EU businesses are zero-rated, meaning that UK VAT is not charged at the point of sale.Jun 9, 2021
Is the UK still in the EU customs union?
The UK has left the EU customs union, single market, and VAT area. The Trade and Cooperation Agreement (PDF 7.44MB) (TCA) sets out the terms of UK trade with the EU from 1 January 2021.
Do I still charge VAT to EU customers?
Beginning July 1, 2021, VAT will be charged on all commercial goods imported into the EU, regardless of value.
Do I have to pay VAT on goods from EU to UK?
If you import goods into Great Britain from outside the UK or from outside the EU to Northern Ireland you may have to pay import VAT on goods. For supplies of services from outside the UK you must account for VAT under the reverse charge procedure.
Do I have to pay VAT on online goods from EU?
If you sell goods online to EU consumers, we recommend that you prepare your business now. 1. All goods with an intrinsic value up to €22 that are imported into the EU are exempt from VAT. The EU will remove the €22 VAT de minimis, meaning goods up to this value imported into the EU are no longer exempt from VAT.Jul 1, 2021