• HeadQuarters

    Unit 9A, 80 High Street,
    Egham, Surrey, TW209HE, UK

  • Warehouse

    Unit 5 Delta Way, Thorpe Industrial
    Estate, Egham, Surrey, TW208RN, UK

Telecoms Traders are your trusted<br />network equipment provider

Telecoms Traders are your trusted
network equipment provider

Navigating VAT Reclaims for EU Businesses Post-Brexit: A New Era in UK-EU Trade
News & Blog

Navigating VAT Reclaims for EU Businesses Post-Brexit: A New Era in UK-EU Trade

The United Kingdom's departure from the European Union has ushered in a new chapter in the long-standing relationship between the UK and its European counterparts. Among the myriad of changes, the shift in VAT (Value Added Tax) regulations stands out, particularly affecting EU businesses that engage in trade with UK-based companies. While the UK's exit from the EU meant leaving behind the VAT amnesty that facilitated smoother trade within the EU, it's crucial for EU businesses to understand that the opportunity to reclaim VAT on purchases made from the UK remains, albeit under a new set of rules.

News & Blog

Electronic waste (e-waste) facts Spares Parts Management Submarine networks Synchronous Digital Hierarchy Technologies Explained Multi-Vendor Spare Parts Managed Services Telecoms Traders and the Circular Economy A Decade of Broadband Evolution The Nokia 1830PSS Platform 5G - what could be next? Case Study Legacy infrastructure in the telecommunications Industry Satellite Broadband Case Study: Data Center Deinstallation Project Adding Refurbished Telecoms Suppliers to Your Supply Chain Navigating the World of Telecommunications Understanding SDH and SONET: Backbone Technologies of Modern Telecommunications Understanding FTTX: Exploring FTTS, FTTP, FTTN, and FTTC The Infinera DTN-X Huawei NetEngine 40E Universal Service Router: Navigating the Future of Connectivity Navigating the Challenges of Long Lead Times and Sourcing Legacy Telecom Parts Weighing the Pros and Cons of Repairing Faulty or Damaged Hardware The Imperative for an ESG Strategy in Today's World Properly disposing of electronic devices is essential to protect the environment Unlocking Value: The Rise of Refurbished Wireless Hardware in Telecommunications Telecoms Traders: Breathing New Life Into Legacy Telecoms Equipment Buying Refurbished Nortel OME6500 Parts Let's talk about WISP (Wireless Internet Service Providers) The Power of Diversity: Why Having Multiple Asset Recovery Share Partners Benefits Your Telecoms Surplus Hardware Is this the end of the landline: looking to the future Telecommunications Networks Technologies Telecommunications networks come in various types Unveiling the Treasure Trove: Refurbished Telecoms Embracing a Sustainable Start to 2024: A Commitment to E-Waste Reduction and the Circular Economy Nokia 1660SM Platform and the Role of Telecoms Traders in Spare Parts Acquisition Revolutionise Your Supply Chain with Refurbished Nokia 7750SR Spare Parts The Advantages of Selling Used Telecoms Equipment Refurbished SDH Transmission Parts Unlocking the Magic of Optical Transceivers: How They Work The Unparalleled Benefits of Telecoms Traders and Its Exceptional Team The Intricate Journey of Making a Mobile Phone Call Understanding Internet Transmission: A Comprehensive Guide A Glimpse at the World's Top Ten Telecoms Operators Embracing the Circular Economy: A Sustainable Solution for Our Environment The Rise of Non-Terrestrial Networks: Connecting Beyond Earth The Purpose of Telecom Network Switches & Why Buying Refurbished is Smart and Sustainable Telecoms Traders Commits to Global Sustainability: Joining the UN Global Compact Phasing Out 2G and 3G Networking Equipment The Global Challenge of E-Waste: Combating Through Innovation and Regulation 10 Reasons Why Buying Refurbished Telecoms Equipment Makes Good Business Sense Embracing Ethical Procurement: The Path to Sustainable Success SDH Manufacturer Platforms: A Data-Driven Analysis Navigating VAT Reclaims for EU Businesses Post-Brexit: A New Era in UK-EU Trade Refurbished Telecoms Networking Equipment: A Sustainable Choice Buying Used Telecom Equipment: Exploring the Ericsson RBS 6000 Platform

Understanding the Change

Previously, the VAT system within the EU was designed to support an integrated market, allowing businesses to reclaim VAT on intra-EU purchases easily. This system, known as VAT amnesty, aimed to reduce administrative burdens and foster cross-border trade within the Union. However, with Brexit, the UK is now considered a non-EU country for VAT purposes, which means that the process for EU businesses to reclaim VAT on UK purchases aligns more closely with the procedures for transactions with other non-EU countries.

VAT Reclaim Process Post-Brexit

  • For EU businesses purchasing goods or services from the UK, the process to reclaim VAT now involves a few additional steps, but the fundamental right to reclaim remains intact. Here's what EU businesses need to know:
  • Understand the New Rules: Familiarise yourself with the VAT reclaim process for non-EU countries, as these now apply to purchases from the UK. Each EU member state may have specific requirements or processes for reclaiming VAT on imports, so it's essential to understand the rules applicable to your country.

Adapting to the New Landscape

The post-Brexit era requires EU businesses to adapt to new regulations and processes, especially concerning VAT reclaims on UK purchases. While the change may seem daunting, it also presents an opportunity for businesses to review and possibly optimise their procurement and VAT reclaim processes.

Brexit has undoubtedly transformed the landscape of UK-EU trade, with VAT reclaims being one of the many areas impacted. However, by understanding the new regulations and adapting their processes accordingly, EU businesses can continue to engage in fruitful trade with UK companies. The key lies in staying informed, maintaining accurate records, and seeking expert advice when necessary. In doing so, EU businesses can navigate the post-Brexit world with confidence, ensuring that they continue to reclaim VAT efficiently and effectively.

Need more information?

Need more information?

Leading brands

HUAWEI  Refurbished, Used, Legacy Telecoms Equipment
CISCO  Refurbished, Used, Legacy Telecoms Equipment
SIEMENS  Refurbished, Used, Legacy Telecoms Equipment
CIENA  Refurbished, Used, Legacy Telecoms Equipment
INFINERA  Refurbished, Used, Legacy Telecoms Equipment
JUNIPER  Refurbished, Used, Legacy Telecoms Equipment
MARCONI  Refurbished, Used, Legacy Telecoms Equipment
NOKIA  Refurbished, Used, Legacy Telecoms Equipment
NORTEL  Refurbished, Used, Legacy Telecoms Equipment
ZTE  Refurbished, Used, Legacy Telecoms Equipment