HMRC have recently published new guidance on what exceptional circumstances for the purposes of the Statutory Residence Test and Coronavirus (COVID-19) are. The guidance says that the coronavirus (COVID-19) pandemic may impact individuals' ability to move freely to and from the UK or, require them to remain unexpectedly in the UK. Due to these circumstances […]

From 6 April 2020, gains accrued on the disposal of UK residential property by UK resident individuals must be reported to HMRC and Capital Gain Tax must be paid within 30 days from the date of disposal. This new measure was introduced by Finance Act  2019 and requires a UK taxpayer to file a return […]

RoRo after BREXIT October 2019 Dear Client All VAT registered business and import goods from the EU, will be affected by changes when the UK leaves the EU on 31st October 2019. You should now have a UK EORI (Economic Operator Registration and Identification) number that starts with ’GB’. This means you can move goods […]

HMRC is stepping up efforts to ensure businesses are ready to trade post-Brexit by automatically enrolling companies in an important customs system and doubling the numbers registered, the Chancellor announced last August, More than 88,000 VAT registered companies across the UK will be allocated an Economic Operator Registration and Identification (EORI) number in the next […]

On the 25th September 2018 we published a post with this letter from HMRC: The United Kingdom (UK) will be leaving the EU, including the Customs Union, at 11pm (UK time) on 29 March 2019 (Source: HMRC) HMRC has now published an update to that letter with clear indication of actions to be taken by companies […]