Brexit

What is an EORI number and how do I get one?

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If you move goods between Great Britain and the EU, you must get an Economic Operators Registration and Identification (EORI) number. But what is an EORI number and what is it used for? In this blog, we’ll explain everything you need to know about EORI numbers and how to register. What is an EORI number? […]

Brexit

Reporting under DAC 6 required for “limited time” as HMRC transitions to international disclosure rules

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HM Revenue & Customs (HMRC) has confirmed that the UK will replace the European Union cross-border tax arrangement rules “as soon as practicable”, but some aspects will continue to be enforced for a “limited time”. In an update to agents, the regulator said it will consult on and implement the Organisation for Economic Co-operation and […]

Brexit

Commodity codes, explained

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If you move goods to or from anywhere in the world, you will need to use a commodity code to classify your consignment. Here’s what you need to know. What is a commodity code? The UK now uses a standardised set of codes, borrowed from the World Trade Organisation (WTO) “Harmonised System”, to classify goods. […]

Brexit

EU VAT One-Stop-Shop to launch in July 2021

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The European Commission, in response to the challenges created by the Coronavirus pandemic, has decided to postpone its new European VAT rules for business-to-consumer (B2C) transactions until 1 July 2021. These new rules are part of the EU’s new e-commerce package and will look to introduce a VAT One-Stop-Shop (OSS) for B2C sales. Originally due […]