EU referendum: how would Brexit change VAT and import duties? – The Guardian

EU referendum: how would Brexit change VAT and import duties? – The Guardian


The Guardian

EU referendum: how would Brexit change VAT and import duties?
The Guardian
If £10,000 worth of shoes were imported from Spain, the UK border agencies would charge £800 as import duties and also collect £2,000 as VAT on the imports. Under both cases, Britain would not have access to the coordinated VAT collection of the EU.

EU referendum: how would Brexit change VAT and import duties? – The Guardian