It’s Time To Invest In Cross-Border Trade: Here’s Why
Even before the pandemic, ecommerce was on the rise. The dependence of consumers of non-physical shopping has obviously accelerated this trend, but what is not clear is why international cross-border trade has seemed to rise simultaneously. The most obvious reason...
Plastic Packaging Tax Looming!
From April 2022, the UK government are introducing the Plastic Packaging Tax (PPT). The tax will affect many of us, as it will affect plastic manufacturers, anyone involved in supply chains, as well as consumers and sellers. The hope is that the tax will encourage the...
Businesses Very Concerned About Making Tax Digital
If you are a business owner, you will undoubtedly be aware of the Making Tax Digital (MTD) initiative that has been launched by the UK government. The aim of this scheme was to make all VAT reporting digitalized by the end of 2020. Of course, businesses were happy to...
Hospitality Sector Fearful As Omicron Looms
As with the first surge in the coronavirus, it looks as though the hospitality sector maybe the industry with the most to lose this festive season. As fears over the Omicron variant rise, party-goers and those attending meals have flocked to cancel their Christmas...
New Amazon VAT Service Update Alert!
Amazon have updated their VAT service for 2022. Previously, sellers could sign up for the service and not be charged for the first 6 months. However, sellers who sign up for the service from the 1st of January 2022 will now have to pay fees from the first month of...
Ecommerce for Christmas Soars As Black Friday Dips
You may be surprised to know that Black Friday sales actually saw a decrease from 2020 by about 14%. This was likely to do with supply chain issues and the inevitable drop in ecommerce from peak pandemic levels. However, this drop off is not indicative of the festive...
Panic As EU VAT Gap Widens After Pandemic
Before the pandemic, the EU VAT gap was beginning to shrink as member states improved their collection processes. New reporting techniques such as e-invoicing meant that member states were on the right track to reducing the tax gap. However, the pandemic saw...
20% Of UK Consumers Will Use Buy-Now-Pay-Later This Xmas
As we have stated many times in our articles, buy-now-pay-later is becoming an increasingly popular payment option for consumers. The ability to spread payments across months without having to pay the interest rates of credit cards has been an extremely popular option...
Which Couriers Are Struggling To Deliver Results?
You know how it is; you hear a knocking at the door, you put down your brew and rush to the door, only to find a ‘we missed you’ note on the floor and then have to go and pick up your parcel that you’ve been so excited for from the post office the next day. Whilst...
Amazon Will No Longer Accept Visa Credit Cards
Amazon sellers and consumers should be aware that as of January 19th 2022, Amazon will no longer accept Visa credit cards issued in Britain as a viable payment method. It has been announced that this is due to the high fees charged by Visa credit cards for...
