About BCCI Brexit Updates: The Transition Period we are currently enjoying will
About BCCI Brexit Updates:
The Transition Period we are currently enjoying will come to an end on 31 December 2020. On 1 January 2021, the full effects of Brexit will be felt by everyone doing business between the European Union and the United Kingdom. The trade negotiations have still not been concluded and many aspects of the future trading relationship remain uncertain. From 15 October (Boris Johnson’s deadline for conclusion of the trade talks) until December we will be hosting a bi-monthly series of streamed discussions with members of the business community, relevant authorities and experts, aimed at bringing our viewers up to date on latest developments, highlighting in so doing the major issues likely to arise and ways in which businesses can prepare for life in the post Transition Period world.
26 November at 11:30am CET
Episode 4: Custom Duties, VAT
The 4th Brexit Update will focus on two essential elements for cross border trade: the new customs formalities and non-tariff barriers and VAT. We will look at solutions to mitigate the impact of these new rules and how to manage goods that have already been shipped before the 31 December 2020. We will also examine VAT after Brexit: What will change & what will not, including intra EU acquisitions, input tax recovery claims, import VAT and Italian businesses registered for UK VAT. How place of supply rules will work, the effect of EU principles and the position of Northern Ireland: half in, half out?
- Steven Sprague – Chairman of the BCCI Brexit Committee
- Massimo Fabio – Partner, KPMG Tax & Legal, Brexit Country Contact & Head of International Trade & Customs Services
- Roderick Cordara QC – Barrister Essex Court Chambers
(Thursday) 11:30 am - 12:30 pm