Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the effect of changes in the requirements for the levying of VAT on imported goods on (a) volumes of international trade between the UK and other countries, (b) volumes of trade between Great Britain and Northern Ireland, (c) prices of imported goods into Great Britain and (d) the availability to consumers in Great Britain of goods not produced in Great Britain; and if he will make a statement.

The Government has provided extensive guidance on the VAT treatment of cross-border goods and services following the end of the transition period and is committed to supporting businesses to enable them to continue to trade.

As with all tax measures, where new changes have been introduced, 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.