Five with Clive: Episode 2 – Northern Ireland Protocol
29th November 2020
The second episode covers NI Protocol and guidance for traders.
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The second episode covers NI Protocol and guidance for traders.
The start of a series of interviews with BWA Chairman Clive Brady.
This webinar explains how to make import declarations to import goods between the EU and Great Britain, including simplified and supplementary declarations, as well as
A fiscal warehouse is a facility where certain goods can be traded VAT-free. Fiscal warehouses will continue to operate in both Great Britain and Northern
In line with EU rules, margin schemes involving goods, such as the second-hand margin schemes, will not usually apply for sales in Northern Ireland where
Intra-EU rules and simplifications, such as triangulation, will not be available for movements of goods involving Great Britain. Such simplifications will be available for movements
Businesses that move their own goods between Great Britain and Northern Ireland, will usually be able to recover the full amount of VAT incurred as
Goods sold on board ferries between Great Britain and Northern Ireland will continue to be taxed domestically in the same way as they do now.
The VAT Retail Export Scheme (RES) permits retailers to offer refunds of VAT on goods to visitors to the EU and Northern Ireland where they
UK VAT groups will continue to operate largely as they do now. VAT groups will continue to be able to include members that are established
A business will not be required to account for VAT when it moves its goods from Northern Ireland to Great Britain unless these goods have
When a VAT registered business moves goods from Great Britain into Northern Ireland, VAT will be due. The business will need to account for VAT