Post-Brexit VAT: refunds and MOSS compliance issues

George Bull, senior tax partner and Andy Ilsley, VAT director at RSM assess the latest no deal Brexit VAT guidance from HMRC and warns companies to act now to avoid missing VAT refunds and review MOSS compliance

With the UK’s withdrawal from the EU just around the corner and a no-deal Brexit very much still a possibility, HMRC has published guidance on some of the practical challenges that could face UK businesses including reclaiming VAT from EU member states; VAT registration issues for consumer businesses selling digital services to the EU; and how to verify UK VAT registration details. Affected businesses must act now.

If the UK leaves the EU without a deal, from 23:00 GMT on 29 March 2019 many UK businesses will need to apply the same processes to EU trade that apply when trading with the rest of the world.

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