There was a silver lining to the news that the UK economy shrank again in April, with good statistics on the international trade front. Official figures from the Office for National Statistics (ONS) show gross domestic product (GDP) fell by 0.3 per cent in April 2022, a further decline after […]
Daily Archives: Monday July 11th, 2022
4 posts
The UK has launched free trade negotiations with six Gulf states which cover £33.1 billion worth of trade. The talks, led by Trade Secretary Anne-Marie Trevelyan, with the Gulf Cooperation Council (GCC), made up of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, have been welcomed by business group […]
Tens of thousands of UK businesses are being urged to migrate to a new IT platform to continue importing and exporting goods. HM Revenue & Customs (HMRC) says its Customs Handling of Import and Export Freight (CHIEF) system, which records the movement of goods by land, air and sea, is […]
As we pass the first anniversary of post-Brexit rules to streamline VAT reporting and processing when selling to the EU, it is worth recapping on some of the changes, including the Import One Stop Shop (IOSS) scheme and the One Stop Shop (OSS) scheme. Both are designed to ease the […]