The United Kingdom's (UK) withdrawal from the European Union (EU) affects, amongst other things, how goods moving between the UK and EU should be accounted for. We've pulled together a checklist to guide you through what you need to do.
What do I need to do?
Before 1 January 2021
After 1 January 2021
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You need to update your country code and the VAT codes on existing EU records if different. You need to ensure the correct VAT registration numbers are displayed on your layouts and if required you also need to update VAT codes on outstanding items, and add commodity codes to your products. |
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Find out more about Brexit
This article offers general guidance only. While accurate at the time of publication, it may not suit your specific needs. We make no express or implied warranties. For tailored advice, consult a professional. For VAT, customs, or duties queries, contact HMRC on 0300 200 3700 or visit www.hmrc.gov.uk. We accept no liability for any loss from using this content. VAT or tax codes shown reflect default software settings and may differ in your setup.
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- Solution ID
- 201210155725487
- Last Modified Date
- Fri Nov 24 13:09:05 UTC 2023
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