Businesses should prepare for a hard Brexit for VAT
Vertex Inc
English - April 06, 2020 12:00 - 6 minutes - 4.35 MBBusiness vat tax engine sap vat in sap tax automation vat compliance Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Businesses trading with the UK will benefit from unchanged indirect tax rules in 2020 but should use the current transition period to prepare for a hard Brexit for VAT at the end of the current transition period. Trade between the EU and the UK will no longer be subject to EU VAT rules and as a result business should seriously assess and prepare for change.
About our expert:
Peter Boerhof is the VAT Director for Vertex. In his role he provides insight and thought leadership regarding the impact of tax regulations, policy, enforcement and emerging technology trends in global tax. Peter has extensive experience in international transactions, business restructuring, tax process optimization and tax automation.