A new training and support package designed specifically to help small and medium-sized firms manage changes to trade rules with the EU has launched.
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More than 6.5 million UK jobs are supported by exports, according to research conducted by the Department for International Trade (DIT) and the University of Strathclyde.
The Government has announced that the UK has signed an Economic Partnership Agreement with Cameroon. The post-Brexit trade deal will support jobs and ‘build future prosperity’, the Department for International Trade (DIT) said. The deal provides certainty for businesses in both countries and allows them to continue trading without any […]
The European Commission, in response to the challenges posed by the COVID-19 pandemic, has decided to postpone its new European VAT rules for business-to-consumer (B2C) transactions until 1 July 2021. These new rules are part of the EU’s new e-commerce package and will look to introduce a VAT One-Stop-Shop (OSS) […]
The European Union VAT Refund system will not be accessible for expenses that occurred before 1 January 2021 after 31 March 2021, HM Revenue & Customs (HMRC) has reminded UK businesses. After this date, UK businesses wishing to claim a VAT refund will have to do so manually through the […]
The Government has set out a path to a potential future free trade agreement with India following a five-day visit by the International Trade Secretary, Liz Truss.
Following the end of the transition period on 1 January 2021, many businesses are taking on the challenge of overseas accounting for the first time.
The UK has formally applied to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) – one of the largest free-trade areas in the world.
A new report produced by the US-UK trade association British American Business (BAB) has outlined opportunities in which small businesses can overcome barriers to transatlantic trade to take advantage of trading relationships with the US.
HM Revenue & Customs (HMRC) has confirmed that both acquisition VAT and import VAT may apply on transactions spanning the end of the Brexit transition period.