Amidst the uncertainty around future trade agreements, many businesses were unable to start forging Brexit plans. Planning progress was further held up by the Covid-19 crisis. However, with the EU-UK Trade and Co-operation Agreement (TCA) finally agreed on 24 December 2020, now is the time to implement a business plan-of-action.
Even with a new trade deal agreed, the Brexit impact on cross-border trade between the UK and the EU puts valuable supply chains at risk.
In addition, UK businesses that will continue to trade with the EU post-Brexit will need to transfer VAT registrations to a Fiscal Representative and set-up financial guarantees in some Member States.
Join this webinar to learn:
- Where are we now – overview of current position
- VAT Implications of Brexit – overview of how Brexit impacts cross border trading between UK and EU
- Goods Entering the UK – what you need to know to import goods into the UK
- Goods Entering the EU – what you need to know to import goods into the EU
- Interaction of Brexit and E-Commerce Directive – how do Brexit and 2021 changes interact
- Supply Chain Implications – analysis of typical transactions affected by Brexit
- Fiscal Representation – what is it and when is it required?
- What Action is Required – what you can do now to minimise disruption
- How Sovos can help