GOODS costing £135 or less that are exported to UK consumers will now be subject to VAT charges – a significant change that is likely to catch many businesses out, UHY Hacker Young has warned.
Speaking at the accountancy firm’s Brexit VAT and Customs webinar – which took place on Wednesday, 27 January and was attended by 260 people – Sean Glancy, VAT and indirect taxes partner at UHY, said the change was “counter-intuitive” and has gone under the radar.
He said: “Non-UK businesses must now register for UK VAT if they sell goods B2C and the customer is based in the UK. This requirement applies to consignments under £135 in value and there is no registration threshold. This is counter-intuitive and not something you would expect; you would think this charge would be placed on goods costing more than £135.
We speak with Paulo Soeiro de Carvalho, 
The Civil Aviation Authority of the Cayman Islands (CAACI) is the statutory authority responsible for aviation safety regulatory oversight throughout the Cayman Islands and for aircraft registered in the Cayman Islands. The Cayman Islands Aircraft Registry (CIAR), globally recognised, is a reputable registry of choice for many aircraft owners, financiers, management companies, attorneys and other discerning decision-makers in the competitive private and corporate aviation market. Stringent standards and a mandate for safety compliance guide oversight of Cayman registered aircraft since the inception of the CISR over 50 years ago.
