News

Chancellor accelerates Brexit preparations for businesses

September 26, 2019
Chancellor accelerates Brexit preparations for businesses

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 […]

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The UK will be leaving the EU on 29th March 2019. Actions to be taken in case of no deal

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 […]

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2018 Autumn Budget

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 […]

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EU Directives and BREXIT

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 […]

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Changes to the way you trade with the European Union (EU)

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 […]

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