Making Tax Digital: How To Be VAT Compliant
You might be surprised to find out that the UK government loses an estimated £9 billion in tax every year. This clearly indicates the flaws in the current tax collection system and is concerning; not least of all because of how much the UK government have had to...
Brexit Review: Customs, Fish and Delays
It has been just over a month since the end of the Brexit transitional period so it seems a good time to ask how the implementation of one of the most complicated and controversial trade deals of all time has gone so far. Depending on who you ask, you are likely to...
Amazon After Brexit: Everything You Need To Know
Following on from our last article, which outlined the new VAT obligations that have now been placed on Online Marketplaces, it seemed prudent to delve a bit deeper into the ways in which Brexit will affect Amazon sellers; especially those in the UK. The new...
Online Market Places New VAT Responsibility
Regular readers of this blog, as well as those of you who closely followed Brexit developments, will be aware that as of January 1 2021 Online Market Places (such as Amazon and eBay) have been given much greater responsibility when it comes to calculating and...
The New EU Ecommerce VAT Package
The New EU Ecommerce VAT package is slowly approaching. The package was originally due to take effect on January 1st 2021, but was pushed back to July 1st 2021 in order to give businesses and cross-border sellers more time to prepare, especially in light of the...
The ‘How To Guide’ Of Exporting Post-Brexit
Following on from our Brexit Import Guide (which you can find here) this is our how-to guide for exporting from the UK post-Brexit. As you will know, the UK is now out of the EU VAT regime and customs union from 1 January 2021 following the Brexit transition period....
The ‘How To Guide’ Of Importing Post-Brexit
Post-Brexit, importing goods is perhaps one of the most difficult challenges facing UK businesses. Whilst, on the surface, the zero-tariff agreement seemed to offer an easy solution to this issue, upon closer inspection it has become apparent that this agreement has...
The Self-Employment Income Support Scheme
At the beginning of the pandemic, it seemed as though the government had forgotten about the self-employed as they were offered little to know support. This led to a lot of panic for the self-employed and sole-traders since, in many cases, they had no access to...
Daily News Round Up January 11th-15th
Daily News 11th January 2021 Business News: Exporters Given 12 Month Grace Period On Rules Of Origin British exporters to the EU will not have to submit rules of origin declarations for 12 months as part of a grace period agreed by the UK and Brussels. Whilst...
Coronavirus Support For Businesses
The last few months have been the hardest many businesses have ever had to endure. The constant lockdowns have meant many businesses have been forced to close, and due to the subsequent lack of revenue, many will never reopen. In an attempt to save as many companies...
