The new UK-Japan free trade agreement will allow the pharma industry to continue trading “largely as they do now”, the Association of the British Pharmaceutical Industry (ABPI) has said.
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The UK’s new freeports will benefit from a package of tax reliefs that will drive investment and create jobs, it has been revealed.
For the first time in over 20 years, UK businesses are now eligible to export beef to the US market – an achievement owed to the ongoing process of negotiations between the UK Government, the Agriculture and Horticulture Development Board, and industry groups.
The Government has announced that it has secured a free trade agreement with Japan, which is the first major trade deal agreed as an independent trading nation.
The Government has launched a campaign to support businesses in the European Union (EU) continue to trade with the UK following the Brexit transitional period.
International Development Secretary Liz Truss has set up 11 new trade advisory groups covering a range of key sectors in a bid to drive business engagement in the UK’s trade negotiations.
Innovate UK, the start-up accelerator for the UK has launched its four-year plan setting out its strategy to promote business growth ahead of the Brexit transition period.
HM Revenue & Customs (HMRC) has written to people suspected of having undeclared overseas assets, asking them to declare any currently undeclared overseas assets and to complete a certificate declaring the correct tax position.
The VAT on imported goods with a value of up to £135 will be collected “at the point of sale” rather than the point of importation from 01 January 2021, it has been announced.
The Government has announced the launch of a new £50 million grant fund to help UK export and import businesses prepare for life after the end of the Brexit transitional period.