Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
07 December 2020
HMRC grants to help your business with customs declarationsCompleting custom declarations is a complex, specialist area. HMRC has provided a list of agents that can help with this area on their website, but they’re also offering funding to businesses to help towards the cost of recruiting or training an in-house specialist and developing the required IT infrastructure to submit Customs declarations.
04 December 2020
Brexit: Exporting to the EU via France – keeping it simpleOne of the most challenging areas of Brexit is navigating the guidance on exporting goods into the EU. Every country has their own regulations to abide by, and in some instances the guidance is open to interpretation. However, going via the Channel and into France may be more straightforward than you first thought.
24 September 2020
VAT cuts for the Hospitality & Tourism sectorAs the Government seeks to revive the UK economy after months of lockdown, the Chancellor announced a £4 billion commitment to reduce the rate of VAT from 20% to 5% in the hospitality and tourist sectors. Both reductions will run from 15 July 2020 to 31 March 2021.
13 September 2020
VAT updates on digital advertising for charitiesHMRC recently issued an update on VAT charges relating to digital advertising for charities. Tony Cochrane, VAT Senior Manager, has broken these updates down and offers third sector companies advice in this short blog.
10 September 2020
HMRC announces changes to VAT on compensation paymentsFollowing recent judgments of the Court of Justice of the European Union, HMRC has updated its position on the VAT treatment of some compensation payments. Tony Cochrane, VAT Senior Manager, explains further.
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