Post-Brexit trade relations between members of the European Union and the United Kingdom have changed and will continue to do so. Any product that we purchase online in the Breton country will no longer be considered as an intra-community import, but as an import. As a consequence, these purchases will be subject to VAT and customs procedures, something that, until now, has not happened.
In recent years, more and more people are encouraged to buy all kinds of products online. Computer and technological advances have led traditional sectors to find new opportunities in the internet world and, especially in this time of the Covid-19 pandemic marked by quarantines and health restrictions, many companies must resort to online sales to keep your business afloat.
In Europe, the most important country in the world of e-commerce is the United Kingdom and these are the effects that Brexit will have on our online purchases:
- Increased shipping costs.
- Increased management costs.
- Increase in waiting times for the receipt of the order.
- Reduction of the offer and, therefore, increase in the price of the products.
In conclusion, it has already been possible to see how e-commerce in the United Kingdom has been affected. As is evident, customs, fiscal and tax law have undergone changes and will continue to do so. Faced with this unstable situation, it only remains to go to professional companies in this sector. Only experts in the field will be able to correctly manage international trade with the United Kingdom in this new context.