The UK has now left the EU and negotiations on the future trading relationship of the UK and the EU have ended with a deal agreed. Whilst there is a feeling of great relief that a comprehensive UK-EU Trade and Cooperation Agreement (UK-EU TCA) has been struck, there are significant changes ahead.
Operating outside the EU Customs Union and Single Market impacts the movement of goods, people, and data. Although the deal does bring some certainty on many of the new trading rules, organisations must now be ready to understand and implement these changes in order to continue to trade effectively between the UK and EU from 2021 onwards.
In our second update, we focus on VAT CHANGES
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