As 31st December 2020 was the cutoff date for Brexit from the European Union, a number of regulations regarding taxation, import-export, and many other fields are changed from 1st January 2021. Value Added Tax is one of the major aspects in this regard. Specifically for Dropshipping businesses, there are certain important changes in the regulations that they have to follow to remain compliant. Here you will learn about particular changes in the dropshipping VAT since 1st January 2021.
Link To The Article: https://www.weaccountax.co.uk/blog/uk-vat-changes-for-dropshippers-commenced-from-1st-january-2021/
