The UK has published the Value Added Tax (Accounting Procedures for Import VAT for VAT Registered Persons and Amendment) (EU Exit) Regulations 2019, which were made on 21 January 2019 and will enter into force on such day as the Treasury may appoint. As provided in the explanatory memorandum, the regulations have been made to ensure the UK’s VAT regime operates as required in case the UK leaves the EU without a deal. If the UK leaves with no deal, imports from the EU will be treated the same as imports are currently treated from non-EU, meaning the VAT due...