While a UK-US trade deal was ultimately abandoned a few months ago, signs that a future deal could take place were enhanced with the recent announcement made by UK Prime Minister Rishi Sunak and US President Joe Biden.
Yearly Archives: 2023
76 posts
With many UK businesses operating internationally or at a stage where they are looking to expand their organisation onto the international stage, an important factor to consider is how to manage payroll.
The UK is in the final stages of securing a significant trade agreement involving a multi-billion-pound electric car battery plant in Somerset that could create up to 9,000 jobs.
In a significant move towards strengthening economic relations, UK Prime Minister Rishi Sunak has reached an agreement on new trade and investment deals with Japan during his visit to Tokyo, just before the G7 summit in Hiroshima.
This month, the UK’s trade agreements with Australia and New Zealand will take effect – a development of great interest to all UK business owners. These bilateral trade deals have been championed by Prime Minister, Rishi Sunak, who met with his Australian and New Zealand counterparts in London on Friday […]
As the annual reporting deadline of 31 May approaches, small and medium-sized enterprises (SMEs) need to be aware of the payroll compliance requirements for short-term business visitors (STBVs) in the UK.
The UK’s recent trade advances with the United States are signalling a potentially significant step towards a comprehensive trade deal between the two countries.
The UK trade gap narrowed in January by more than expected to its smallest in more than a year, while at the same time GDP increased by 0.3 per cent. The latest data from the Office for National Statistics (ONS) this month showed that the UK’s trade balance narrowed by […]
The UK has signed what the Government has described as an historic digital trade deal with embattled Ukraine. The agreement, which aims to support the country’s recovery from the war with Russia through trade, was officially signed this month. It is designed for Ukraine to remove trade barriers and tariffs […]
HM Revenue and Customs (HMRC) has recently released a simplified VAT guidance for overseas sellers, with a special focus on Chinese retailers selling goods online to the UK market. This move is expected to improve compliance with UK import and VAT regulations for international sellers, and ultimately reduce the tax […]