
Postponed VAT accounting: How it works for businesses importing goods into the UK
Postponed VAT accounting means business admin and tax must be done differently when dealing with importing. Here's what you need to know.
As a UK business, Sage deeply understands the complexities that come with major compliance changes. As experts in compliance and legislation for almost 40 years, we are committed to providing our customers with a single place to access the very best information on Brexit and the impacts this can have.
In addition, we are adapting our products, guidance and services to reflect legislative changes related to the end of the transition period across payroll, VAT and other taxes where required.
Our hubs brings together government resources, experts in Sage, product support and other key information regarding the end of the Brexit transition period.
Postponed VAT accounting means business admin and tax must be done differently when dealing with importing. Here's what you need to know.
New rules on importing goods from the EU were introduced in January 2022. Here's what businesses and accountants need to know.
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Sage legal disclaimer:
The information contained on this website is for general guidance purposes only. It should not be taken for, nor is it intended as, legal advice. We would like to stress that there is no substitute for customers making their own detailed investigations or seeking their own legal advice if they are unsure about the implications of Brexit on their businesses.
While we have made every effort to ensure that the information provided on this website is correct and up to date, Sage makes no promises as to completeness or accuracy and the information is delivered on an “as is” basis without any warranties, express or implied. Sage will not accept any liability for errors or omissions and will not be liable for any damage (including, without limitation, damage for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or reliance on this information or from any action or decisions taken as a result of using this information.
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