United Kingdom: HMRC introduces ‘advanced notification’ scheme for VAT registration to EU businesses in the event of a ‘No Deal’ Brexit

Businesses operating in the EU currently not required to register for UK VAT because of cross-border simplifications (e.g. zero-rating of intra-community acquisitions, or call-off stock arrangements) may need to do so if the UK leaves the EU on 31 October without a withdrawal deal.  In order to support supply chains for UK businesses with UK suppliers, EU suppliers that will become liable to registration from 1 November can now make an advanced notification which will only take effect if a ‘No Deal’ Brexit occurs. Doing so will also provide automatic notification of a UK Economic Operators Registration and Identification (‘EORI’) number to facilitate import and export of goods from the EU post-Brexit.  If in the meantime a UK-EU deal is reached, the application to register will be either cancelled or amended accordingly.  Full detail of the arrangement and how to make an application is published here: https://www.gov.uk/government/publications/vat-notice-7001-should-i-be-registered-for-vat/vat-notice-7001-should-i-be-registered-for-vat