VAT update

Published on 28 April 2016

On 7 April 2016, the European Commission adopted a Communication on an Action Plan on VAT, which sets out the first steps the Commission intends to take with the aim of creating a single EU VAT area.

HMRC has announced that, from 8 April 2016, it will start to publish information relating to exporters of goods from the UK to non-EU countries. The purpose of this is to facilitate trade, boost UK growth and help exporters to identify new markets.