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    • UK Based Global VAT and Tax Compliance Consultants
    11
    Jan

    Brexit: 100000+ UK Companies To Pay More VAT


    More than 100,000 UK companies will be forced to pay VAT upfront after Brexit, under controversial government plans being debated by Parliament this week. Changes outlined in one of the many Brexit-related bills would force companies to pay the levy on goods at the point they enter the UK, rather than after they are sold.
    Business groups said the change would create severe problems for UK companies, including cash flow issues and additional bureaucracy.


    Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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    We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.