Extension To Lockdown Hard To Swallow For Hospitality
Many were dismayed with the news that the UK covid restrictions were going to continue for at least an extra four weeks. Whilst this might have been a good decision in terms of the safety of the public and limiting hospital admissions, it seems to have come as a real...
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...
The Flat Rate Scheme (FRS) & Online Marketplaces
Whilst the changes to the way VAT is collected on sales for sellers on online marketplaces has been met with mostly positive reviews, one area of contention has been how the Flat Rate Scheme fits in to this. We have received many questions such as: As an overseas...
Drop Shipping Not Delivering Profits Since Brexit
Ecommerce sellers were well-aware from the outset that Brexit would likely have a major impact on their business. What was perhaps less obvious was that Brexit would affect drop shipping so drastically. Drop shipping is a business model for ecommerce sellers that...