Postponed Import VAT Accounting Scheme: how to access your import VAT statements
Since 1 January 2021, following the ending of the transition period, VAT is now payable on imports coming into the UK from anywhere in the world, including imports from the EU. There are a number of ways that payment of the import VAT can be managed by businesses. One option introduced by HMRC, which applies […]
How can I prepare my business for Brexit?
Coronavirus has consumed the headlines for the last six months, as it has been the most pressing threat to the survival of businesses across the world. But there is another significant event still looming – Brexit. While there is so much uncertainty that still surrounds the UK’s exit from the EU, there are certain steps […]