Impact assessment
HMRC impact assessment for VAT and services if the UK leaves the EU without a deal
Leaving the EU without a negotiated settlement is not the government’s preferred outcome, but it's essential that the UK is prepared for all possible eventualities on customs, VAT and excise arrangements.
Documents
Details
It’s essential that the UK is prepared for all possible eventualities on customs, VAT and excise arrangements.
While the government expects the negotiations to produce a mutually beneficial outcome, it is prudent for both government and businesses to make contingency plans for a ‘no deal’ scenario, in which the UK leaves the EU without a negotiated customs arrangement.
Updates to this page
Published 27 March 2019