Yearly Archives: 2026

When the Office for National Statistics released its latest US/UK trade figures at the beginning of May, the numbers prompted plenty of gloomy headlines. UK goods exports to the United States are down 24.7 per cent since President Trump’s “liberation day” tariffs in April 2025. This was a fall of […]

A historic trade deal has been struck between the UK and the Gulf Cooperation Council (GCC). It is estimated to be worth £3.7 billion to the economy every year. The UK has become the first G7 country to agree to a deal with the GCC. The GCC is comprised of […]

New figures from the British Chambers of Commerce (BCC) have revealed a decline in UK export activity to the Middle East as the conflict continues. According to the BCC, certificates of origin issued for Arab markets fell by 20 per cent between March 2025 and March 2026. These certificates are […]

The effects of the Middle East conflict are devastating and the safety of you and your family should be your first concern. Once out of harm’s way, you will need to understand the financial impact of your return and how your tax position may have been affected. How is UK […]

The UK has long been a hotspot for international investment and it remains the second-largest recipient of Foreign Direct Investment (FDI), according to a survey by PwC. However, there are some administrative hurdles and VAT burdens that could be holding you back from taking that leap and investing in the […]

There seems to be exciting talk in the air for international businesses looking to move to the UK. The UK Government has put forward proposals to introduce a new corporate re-domiciliation regime. This would mean that overseas companies could move their place of incorporation to the UK without having to […]

Businesses exporting to the EU only have a few months to prepare for the new customs duty charge. From 1 July 2026, a new €3 customs duty will apply to parcels valued under €150 entering the EU and if you are shipping high volumes, it can quickly add up and […]

Many companies operating in the UK qualify for audit exemption, meaning they are not legally required to have their accounts audited. However, for UK subsidiaries of international groups, the situation can often be more complex. Even if a subsidiary meets the UK criteria for audit exemption, a voluntary audit might […]

Chancellor Rachel Reeves delivered her Spring Statement and she stuck to her promise of it not being a full fiscal event. Although there were no new tax changes, there were also no announced reliefs or additional support for businesses that are facing ongoing financial challenges. The Chancellor also raised her […]

New trade uncertainty has emerged after President Donald Trump introduced a new 10 per cent global tariff on imports into the US. While it is lower than the 15 per cent rate he had proposed, the move has unsettled markets and left UK importers questioning what is next. What is […]