Understand VAT and duty on imports and exports
Whether you are importing or exporting, there are important VAT and duty rules and procedures. These depend on whether you are dealing with a customer or supplier in another European Union (EU) country, or with the rest of the world.
In either case, you must ensure that you charge (or pay) the right amount of VAT. If you are importing from outside the EU, you may also need to pay import duty.
Join a thriving community of skilled directors and leaders
Ask us about membership
Better directors for a better world
The IoD supports directors and business leaders across the UK and beyond to learn, network and build successful, responsible businesses.
Doing business after Brexit
Browse valuable EU and trade resources from the IoD.