In order to import goods from the EU after 1 January 2021 you must have a GB EORI number

In order to import goods from the EU after 1 January 2021 you must have a GB EORI number

New rules for duty deferment will also apply in Great Britain from 1 January 2021 that will allow businesses that import goods regularly, to apply for a duty deferment account to delay paying Customs duty.

Through this account, a business can make a single payment each month via direct debit instead of paying for each individual consignment separately.

Special rules apply for importations of low value consignments destined for UK on business customers which will not be subject to import VAT but will require the seller to account for VAT at the point of sale, making overseas sellers liable to be registered for VAT in the UK. .

If you require assistance with your VAT preparations from 1 January 2021 it is important that you seek advice as soon as you possibly can. Our team at UK VAT Advice are standing by to offer assistance, so please contact us.

UK VAT Advice Ltd are part of the Haslers Group providing VAT consultancy to a variety of clients locally and nationally and a helpline and consultancy service for professional advisers.

Trusted, high quality, cost effective, proactive and great technical knowledge are all things you can expect from us and much more. If you would like to find out how we aim to work with you and not just for you, then please do get in touch.

Our clients say they value the certainty of our quick response time and technical expertise presented in a plain English (business sense way). Clients know they know they can rely on us to deliver what they need and when we are advising other professionals, to protect their client relationship whilst delivering what their client needs.

In order to import goods from the EU after 1 January 2021 you must have a GB EORI number.