How To Understand Cryptocurrency & VAT
Cryptocurrency has been one of the most widely discussed topics in the business sector for the last decade. What originally seemed like an outlandish investment scheme has now become a mainstream currency, with more and more people investing in the likes of ‘Bitcoin’...
HMRC Researches Chinese Cross-Border Sellers
HMRC have recently released the results of research that they have conducted into Chinese cross-border selling into the UK. The research came in the form of detailed interviews with Chinese ecommerce cross-border sellers, and has been titled ‘Knowledge and Attitudes...
All You Need To Know About The IOSS
For non-EU sellers, the IOSS is possibly the most important aspect of the EU VAT reforms. Since the 1st of July, it has been possible for sellers to streamline their operations by submitting most of their EU VAT returns in one monthly return via the IOSS. This is...
Returned Goods Relief: Who, What, Why, When & How
Did you know that exporters and importers can claim a relief which allows them to pay less Customs Duty and VAT when they re-import to the UK? This is thanks to a mechanism created by the UK government. Termed Returned Goods Relief, the mechanism minimises the amount...
