Magazine
Latest Issue

What Brexit means for VAT

British departure just got even more complicated

By Leopold Traugott  

As Brexit negotiations proceed, it is ever more apparent how many issues they touch upon. But after the joys of learning about the intricacies of trade rules and the passporting of financial services, this explainer deals with a topic which concerns all of us—Value Added Tax. We all pay it, but no one (yet) knows for certain how the UK’s decision to leave the European Union will ultimately impact it. As with most Brexit issues, the answer isn’t clear-cut. Different solutions are possible, each representing their own trade-offs. One thing’s certain—VAT makes exit even more complicated than…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect