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 […]

Yesterday the Chancellor Philip Hammond announced his second Autumn Budget. The speech was mainly that the “era of austerity is finally coming to an end but discipline will remain”. The Budget has announced many welcomed news for many businesses. To follow some of the highlights of the main headlines and the full review on the […]

To date the EU has implemented a number of harmonising Directives intended to support the four freedoms (the free movement of goods, services, people and capital). From a tax perspective, the most important are the Parent-Subsidiary Directive and the Interest and Royalty Directive, which prohibit withholding taxes on intra-group interest, dividend and royalty payments made within […]

The United Kingdom (UK) will be leaving the EU, including the Customs Union, at 11pm (UK time) on 29 March 2019. This information is for advice and guidance only (Source: HMRC) The UK government has reached agreement with the EU on the vast majority of withdrawal issues, including the terms of an implementation period. Full […]