Apologies for inflicting upon you another one on Import / Export, but the idea is to make your life a little easier if you are in the import/ export business on the basis “forewarned is Forearmed “ Life is now very much more complicated for businesses that need to import or export goods to or…

Most of you will have seen on the TV the chaos on the border with  goods being held up at the customs following  the end of the transmission period , mostly due to incomplete /incorrect / defective  paperwork, below is some helpful advice which will ensure that you avoid unnecessary holdups Specific origin wording  should…

I felt that the below information might be useful in assessing if a claim is possible under the Business Interruption Insurance given quite a few cases waiting to be adjucated We have previously highlighted the ability of clients to make a claim against their insurers under business interruption policies. The FCA decided to launch a…

As we end the first week of the new year,  many businesses are gearing up gradually to doing their best to carry on and come to terms with the post Brexit rules , understandably, there are areas of Vat still causing confusion out there to the businesses operating through Europe for example, businesses operating in…

The changes below will be relevant to some businesses involved in import and export businesses following the new HMRC guidance The post Brexit transition period ended on 31 December 2020. HMRC has issued guidance for both Exporting & Importing goods Customs Businesses from 1 January 2021 will need to make decisions on how they export…

Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the Chancellor announced on 5th January. The Chancellor announced one-off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the Spring. In addition there is a £594…

Some more pertinent news for our clients in the construction industry , worth reading and making a note, as ever we are here to advise and to keep you ahead of the legislation The construction industry is facing a triple whammy of tax changes in 2021as below: VAT domestic reverse charge on 1 March, off-payroll…

With the COVID-19 situation at the forefront and stealing the headlines , there are other matters which business owners  need to think about especially after the Uk’s exit in the new year from the EEC, the below is one area which needed explaining so here is one, I will be writing again and highlighting other…

Finally, one general point on VAT post Brexit, but a very important one VAT on services Post Brexit The VAT rules that determine whether the supply of a service is outside the scope of VAT will change at 12.01 pm on 31 December 2020, as the transition period for the UK leaving the EU comes to an…

I do hope you, your family and team members are coping through these very difficult times. I have tried to summarise below some information from the recent Government announcements and hope it will make more sense then the onslaught we had been subjected to over the last few days.  As for those slides, which seemed…

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