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.
Yearly Archives: 2020
85 posts
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.
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. The new Customs Intermediary Grant Scheme aims to equip UK businesses with the tools and knowledge they need to […]
VAT on imported goods with a value of up to £135 will be collected at the point of sale, not the point of importation from 1 January 2021. New guidance has been issued by HM Revenue & Customs (HMRC) which outlines how it anticipates the import of goods from outside […]
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 letters have been generated following receipt of information from tax authorities around the world through […]
After months of uncertainty and concern over no-deal scenarios, the chief UK negotiator, David Frost, has said that a free-trade deal with the EU may be ready by September. Speaking with the Telegraph, Mr Frost said that he hopes talks in August will bring the two sides nearer to a […]
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.