When we process purchase invoices for goods imported from Europe, we use VAT code ECS. When we leave the EU on 31/10, do we need a new VAT code or continue to use ECS?

Hi Samjw

There has been no confirmation that the UK are actually leaving the EU on the 31st of October and as of yet QuickBooks have not been advised that we should discontinue using any of the EC VAT codes. We advise you contact HMRC for further details.