A new online Government service will help exporting businesses “identify new trade opportunities”, it has been revealed.
Yearly Archives: 2020
85 posts
The UK’s new points-based immigration is now live to help businesses as they prepare for the end of the Brexit transition period on 31 December 2020. The new system outlines who can work in the UK once the free movement agreement with the EU ends on 1 January 2021. There […]
The Government has confirmed further details of the customs duty arrangements that will apply to Northern Ireland with the publication of the Taxation (Post-transition Period) Bill. The Bill enacts several of the arrangements contained in the Northern Ireland Protocol, a critical element of the Withdrawal Agreement that is designed to […]
A new Government guarantee scheme will give exporting small and medium-sized enterprises (SMEs) the working capital they need to “recover from Covid-19”. The new initiative, known as the General Export Facility (GEF), will help businesses by covering the costs of international trade, such as insurance and customs intermediaries. According to […]
The UK has signed a Partnership, Trade and Co-operation Agreement with North Macedonia, securing continued preferential access with the UK’s largest trading partner in the Western Balkans. Trade between the UK and North Macedonia was worth £1.8 billion in 2019 and the agreement means that trade can continue on the […]
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.
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.