Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
22 August 2019
HMRC announce auto-enrolment for UK businesses for a UK EORI numberFollowing the announcement that the UK government plans to enrol VAT registered firms with an EORI number to allow them to continue trading with the EU in the event of a No Deal Brexit, accountancy and business advisory firm Johnston Carmichael highlights its importance to firms trading internationally.
11 April 2019
Brexit update - extension to 31 OctoberThe UK’s ambassador to the EU, Sir Tim Barrow, has today written to Donald Tusk confirming the agreement of the UK Government to the extension of the period under Article 50(3) for Brexit day to 31 October 2019.
25 March 2019
Brexit update: where we are now?We always guessed that the last week of the UK’s intended Brexit date of 29th March 2019 would be full of last minute hitches, but to have got to the Monday before B-date and for all aspects to still be up in the air means that it couldn’t be any worse for businesses who eagerly await certainty. Briefly, here’s what we now know.
05 February 2019
No Deal Brexit – VAT changes you need to be aware ofHMRC has published guidance on a number of VAT changes which will impact businesses which trade with EU in the event of a “No Deal” Brexit. If you currently sell digital services to consumers in other EU countries, claim VAT incurred elsewhere in the EU or use the EU “VIES” database to check EU customer and supplier VAT numbers, you need to be aware of these changes.
24 January 2019
Brexit and international trade – What’s an EORI number and why do I need one?It’s just 10 weeks until 29 March, when under current arrangements the UK will leave the European Union (EU). There is, of course, huge political uncertainty as to how Brexit will happen, but “No Deal” remains a clear possibility.
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