"Brexit" and its consequences, from a Tax Law perspective

The aim of this paper is giving a general overview of what is the complicated Brexit situation with a focus on the changes occurred in VAT and Custom duties since UK is no longer part of the EU, the thesis is going to provide a syntesis of all the process of before, during and post Brexit, thus considering the reasons and the expectation that Britain had on this event, from a social economical and cultural standpoint followed by a brief exposition of what where the measures that took place in order to smooth out the impact of such big event on the economy of the country, trought the so called “transition period” and in particular how was managed; the bulk of the paper will be about on how Brexit affected indirect taxes in UK, and in particular the change on VAT and custom duties law and what are the effects of this changes on the economy as many authors shows “without any doubt” there are changes on the economies therefore many policies are implemented in order to actract foreign capital.