Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment he has made of the cost to businesses in the UK of leaving the EU VAT area.

This question was answered on 10th February 2022
As with all new tax measures, the Government includes its assessment of the impacts of the changes in Tax Information and Impact Notes. Notes for measures legislated for in the Taxation (Post-transition Period) Act were published alongside that legislation.