UK Trade with EU: VAT

(asked on 18th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will take steps to ensure that the Brexit business taskforce consults (a) retail businesses and (b) other stakeholders on the economic effect of the UK leaving the EU VAT area on businesses that import from outside the EU to export within it.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 21st January 2021

The Government is continuing to work closely with business following the end of the transition period and has conducted hundreds of engagements since then, including ministerial calls and roundtables.

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 recently legislated for in the Taxation (Post-transition Period) Act were published alongside that legislation.

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