15th June 2020
On Friday 12 June 2020, Cabinet Office minister Michael Gove said that he had "formally confirmed" to the EU that the transition phase would not be extended, adding that the "moment" for such a move had "now passed". So, it would appear to be official.
As of 31 December 2020, the UK will effectively leave the EU with no deal. What’s known as a “hard” Brexit.
For more information on this developing topic, please contact: Ian Marrow at Rickard Luckin, Chelmsford, UK, Ian.Marrow@rickardluckin.co.uk.
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Our experienced VAT specialists provide a centre of excellence in the field of VAT & Customs across the world. Besides compliance questions, these experts can answer any day-to-day questions as well as assist you, among others, with the correct qualification of transactions, evaluations of contracts, VAT audits and setting up processes together with creating manuals and guidelines. Visit the new microsite to meet the Global team.
To learn more about the activities of the Global VAT Specialist Group, or any of the other Groups, please contact International Business Development Manager, Nicki Lynn firstname.lastname@example.org.
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