Changes to the UK customs system are coming!
The EU (except the island of Ireland) and the UK government have provided information on upcoming changes to the UK customs system in 2022. Here is what you need to do to prepare for the change. Adapting to system changes takes time, and you should be...
UK inflation hits 30-year high
Why is the inflation rate refreshed? UK inflation is rising at the fastest pace in 30 years, according to the latest figures released by the Office for National Statistics (ONS). As a result, our cost of living crisis is deepening. The consumer price index...
Five minutes to understand the UK plastic packaging tax (PPT)
The new tax on plastic packaging in the United Kingdom (UK) came into effect in April 2022. This is the UK government’s bid to crack down on the use of single-use plastics. This is a new tax to encourage greater reliance on recycled plastic. The tax will apply...
“Should the self-employed be registered for VAT?”
As a self-employed person, managing your tax liability can be especially tricky. You don’t have the support of an in-house finance team. It’s hard to navigate all these complex regulations on your own. Value added tax (VAT) is a particularly complex issue....
