brexit Archives - Page 4 of 5

SIVA: How To Use Simplified Import VAT Accounting

by Admin | Dec 9, 2020 | Accounting, best practice, BLOG, crossborder selling, News Hub, VAT

Our last article outlined how you can use the Import VAT and Duty Deferral scheme to make it easier to pay your VAT when importing after Brexit. However, one of the limitations of the scheme was that you needed a guarantee from your bank or building society in order...

Import VAT & Duty Deferral Scheme

by Admin | Dec 4, 2020 | Accounting, BLOG, Brexit, crossborder selling, E-Commerce, News Hub, VAT

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

by Admin | Dec 4, 2020 | BLOG, News Hub

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

by Admin | Nov 27, 2020 | BLOG, News Hub, Uncategorised

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...

Brexit: The Changes To The Sale Of Overseas Goods

by Admin | Nov 25, 2020 | BLOG, Brexit, crossborder selling, E-Commerce, News Hub

After all the uncertainty and deadline extensions, Brexit finally looks like it will be concluded on December the 31st. This means that from January 2021, the transition period will officially be over and the trading relationship between the UK and the EU will change...