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...
The ‘Seismic’ G7 Tax Reforms: Will You Be Affected?
2021 is shaping up to be one of the most important years in a generation when it comes to tax reforms. Not only have we seen worldwide implementation of e-invoicing and the unveiling of the EU VAT Ecommerce Package, last week’s G7 summit saw major reforms to the way...
How The 2021 Budget Announcement Affects You
As you will undoubtedly know, this week saw the announcement of the 2021 Spring Budget. Whilst the measures introduced were not quite as drastic as we were all expecting, there was still a lot to unpack in the Chancellor’s announcement, especially with regards to...
