SIVA: How To Use Simplified Import VAT Accounting
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
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...
Coronavirus: How can your UK business get help?
The novel coronavirus has had a devastating effect across the UK in recent weeks. As more people become sick, businesses are seeing their staff numbers drop. As more people are advised to stay at home, businesses are losing customers. As more people panic-buy from...
