To ask Her Majesty's Government what assessment they have made of the business readiness survey by Ready for Brexit, published on 9 March; and what plans they have to provide detailed guidance to businesses on VAT reporting requirements.
19 March 2021
The Government has provided extensive guidance to businesses on VAT, excise, and customs processes to support them in their readiness for the UK leaving the EU. This guidance includes videos, webinars and step-by-step guides. HMRC listen carefully to feedback and have introduced additional products on Rules of Origin, and the Government has also announced a £20 million SME Brexit Support Fund.
HMRC continue to work closely with a wide range of business representative organisations and trade associations to help businesses engage with new requirements, including through the latest public information campaign, cross-Government industry steering groups and events.