Import VAT & Duty Deferral Scheme
From the beginning of next year, it will be possible for importers (or those who represent importers) to use a VAT and Duty deferral scheme in order to postpone their payments of VAT and Duty. The scheme also allows importers to pay the import VAT/Duty of all...
Daily News Round Up November 30th – December 4th
Daily News 30th November 2020 Logistics News: Government Approves Post-Brexit Lorry Site Plans for a lorry site in Essex for customs checks after Brexit have been approved. It is hope that the airfield will be ready for use by 1st of January, the end of the Brexit...
Daily News Round Up 23rd-27th November
Daily News 23rd November 2020 VAT News: Saudi Arabia To Review VAT Increase In July, Saudi Arabia decided to triple their value-added tax from 5% to 15% in reaction to the economic crisis caused by the pandemic. However, the minister of commerce has announced that...
