The UK has two months to reply to the letters, after which the EC may take further measures.

On 17 January 2022, KPMG responded to the Commission on Taxation and Welfare’s public consultation, “Your Vision, Our Future”.

In this session we focused on the new VAT and Customs landscape for trading with Great Britain and the main pitfalls and opportunities arising in the first six months as well as what next six months will bring.

It is now 6 months since the new VAT and Customs regime between Ireland (as well as all other EU Member States) and the UK came into effect.