UK Chancellor Rishi Sunak claimed during his Mar. 23 Spring Statement that the UK can now introduce 0% VAT rates on items such as solar panels, heat pumps and insulation “thanks to Brexit” and because ...
Starting July 1, 2028, new VAT rules will apply to e-commerce imports into the European Union. E-commerce sellers and platforms handling online sales will be responsible for collecting VAT on imported ...
This is, for the most part, true as the UK can now set its own VAT rates across the board. However, in his speech (here Chancellor did not acknowledge that the European Union (EU) is also poised to ...