ICAEW FACTSHEET: THE TAXATION (CROSS-BORDER TRADE) ACT 2018

On 4th October, the Chartered Institute of Taxation, in conjunction with ICAEW and ICAS, published a factsheet on the Act which provides a framework of enabling powers to impose and regulate a UK customs duty regime on the import and export of goods, and amend current UK VAT and excise duty laws, once the UK has left the EU.

https://www.tax.org.uk/sites/default/files/181004%20FACTSHEET%20Taxation%20Cross-border%20Trade%20Act%20FINAL.pdf

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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