UK Transition help for businesses
The Department for International Trade (DIT) has launched a new service for exporters. If you are a UK business and you want to sell goods or services abroad, use this service to ask the DIT export support team a question.
You can ask any question for your business, including on:
- exporting to new markets
- paperwork you need to sell your goods abroad
- rules for a specific country where you want to sell services
Check how to import or export goods
There is a new government tool check on how to import or export goods, which provides step by step tailored guidance. Use this service to get information about importing and exporting, including:
- how to register your business for trading
- which licences and certificates you need for your goods
- paying the right tax and duty for your goods
- how to make declarations for your goods to clear the UK border
- which paperwork you need to keep
You will need to know:
- where the goods are coming from or going to
- the commodity code for the goods
Accounting for import VAT on your VAT return
HMRC have recently updated their guidance on accounting for VAT on goods imported from outside the UK which, since Brexit, includes the European Union.
Businesses registered for VAT in the UK can account for import VAT on their VAT Return for goods imported into:
- Great Britain (England, Scotland and Wales) from anywhere outside the UK
- Northern Ireland from outside the UK and EU
Businesses can also account for import VAT for goods moved between Great Britain and Northern Ireland that are declared into a customs special procedure, when they are removed from that special procedure.
You do not need HMRC approval to account for import VAT on your VAT Return.
Accounting for import VAT on your VAT Return has significant cash flow benefits as you declare and recover import VAT on the same VAT return, rather than having to pay it up front when the goods are imported and recover it later.