• James Powell

How To Claim Back VAT After Brexit

The UK is set to leave the European Union on 31st January 2020. This may have important tax implications for businesses claiming back VAT in the EU.

If your business is incorporated in the UK and is claiming back VAT paid in the EU via HMRC’s EU VAT refund claims process, you will not be able to make new claims after 5 pm on 31st January 2020. This applies to all claims, even if the expenses were incurred before Brexit. You’ll still be able to view your previous claims, however.

Businesses looking to claim back VAT in the EU may still be able to do this, but they will need to use the relevant member state’s process for claims made from non-EU countries. You can find a list of these here. These are likely to be more complex than the current HMRC process so, where it is possible to make a VAT refund claim before the cutoff deadline, we would recommend doing so. For more information, you can read HMRC’s guidance here.

If you need advice on VAT, we'd be happy to help. You can get in touch on 0117 919 2680 or visit our contact page.