UK Details Changes for VAT Refund Claims From EU Exporters Post-Brexit

EU exporters will no longer be able to claim value-added tax (VAT) refunds on goods exported to the United Kingdom after Brexit, the U.K.’s HM Revenue & Customs said in an Oct. 9 guidance document. Instead, they must follow manual processes for companies outside the U.K., it said. The main differences are that the repayment period runs July 1 to June 30 instead of the calendar year, and that the deadline for submitting a claim is the following Dec. 31 (six months from the end of the claim period), HMRC said. Claimants will also have to provide a certificate confirming their taxable status, as well as all original invoices and receipts to support the claim, it said.