HM Revenue & Customs (HMRC) has confirmed that access to the European Union VAT refund system for expenses occurred before 01 January 2021 will cease on 31 March 2021.
Monthly Archives: November 2020
12 posts
HM Revenue & Customs (HMRC) has confirmed that access to the European Union VAT refund system for expenses occurred before 01 January 2021 will cease on 31 March 2021. After this date, UK businesses wishing to claim a VAT refund will have to do so manually through the relevant member […]
If you are a business who imports or exports products overseas, you may be entitled to grant funding to cover the cost of recruiting, training and adapting your business to the new demands of global trade. The grant funding scheme comes ahead of the end of the Brexit transition period, […]
One of the key issues to consider before and after the Brexit transition period ends is VAT. Much of the UK’s current VAT rules and regulations are derived from EU VAT directives or existing customs arrangements. This has ensured that the UK’s VAT rules are in-sync with the EU, but […]
The UK and Canada are ‘close’ to agreeing a post-Brexit trade deal to replace the current deal which is operated through European Union (EU) membership.
Small and medium-sized enterprises (SMEs) will have to take extra precautions when using personal data after the Brexit transition period comes to an end, a major regulator has warned. The guidance, published by the Government and Information Commissioner’s Office (ICO), comes as the UK prepares to officially leave the EU […]
The UK has secured a free-trade agreement with Kenya as it looks to complete a sixth post-trade agreement in Africa. The agreement is set to secure trade between the UK and Kenya after the Brexit transition agreement comes to an end on 31 December, with companies benefitting from duty-free access […]
According to new figures from the Association for Financial Markets in Europe (AFME), despite the Brexit transition period the UK continues to be the leader of Europe’s finance and technology (fintech) community, as other countries fall behind. The calculations of this ranking is worked out from the countries’ availability of […]
A new Office for Investment (OfI) has been created to help fund public and private sector projects in the UK and overseas. The new OfI will not only help overseas businesses to seek out high-value investment opportunities, but it will also look to bolster investment in research and development across the […]
With the Brexit transition period ending on 31 December 2020, a raft of new arrangements will come into effect on 1 January 2021, some of which will affect your business if you move goods into Northern Ireland from England, Scotland or Wales. If you move goods into Northern Ireland, you […]