Understanding The Consequences of Brexit On Ecommerce

[TyW]

Cross posted from the Shopify Blog

As of January 1, 2021, businesses shipping goods from and to the United Kingdom will be subject to new regulations, customs, and duties resulting from Brexit, the UK’s January 31, 2020 departure from the EU. Being prepared now is the only way to avoid stock being blocked at customs, frustrated customers, and potential fines from the UK or EU tax authorities. England, Wales, and Scotland( referred to as Great Britain or“GB”) will be third countries after Brexit. Northern Ireland will have a dual-status post Brexit, i.e. part of UK customs territory but also part of the EU single market for VAT purposes.

How will Brexit affect Shopify merchants?

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