Spring Statement 2022 Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his Spring Statement, the Chancellor announced a cut in fuel duty for petrol and diesel as he sought to ease the...
A Freeport is designed to attract major domestic and international investment, these hubs of enterprise will allow places to carry out business inside a country’s land border but where different customs rules apply. At a Freeport, imports can enter with simplified...
The Department for Transport has issued an open letter to the UK Logistics Sector regarding the current HGV driver shortage. The letter outlines the government's plans on how they will help tackle the problem. The first measure referenced in the letter is regarding...
Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...
The UK Government is launching new financial support for small and medium-sized businesses that import and export from/to the EU, the SME Brexit Support Fund. If you are a business importing and exporting goods, the Support Fund could help you by funding up to £2,000...
It’s all gone quiet over there…or has it? Now that we are approaching a month into the brave new world of the UK being outside of the confines of the EU and well into a third Covid “lockdown”, one could be forgiven for thinking that the much-predicted bedlam at the...
DAC6 is a system of mandatory reporting of cross-border tax arrangements, where these affect one or more EU member states and fall into one or more particular characteristics (hallmarks). Following the UK leaving the EU, DAC6 will no longer be applied in its entirety....
Brexit Deal – A VAT guide for businesses. The UK and EU have completed a deal so that trade can be done between the two entities without tariffs or quotas. However, further negotiations are on-going, for example in the area of services where there is currently...
It is time to prepare for the end of the Brexit transitional period. Whilst the United Kingdom officially left the European Union (EU) on 31 January 2020, this prompted the start of an 11-month transitional period during which time the UK remains part of the Single...
Spring Statement 2022 Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his Spring Statement, the Chancellor announced a cut in fuel duty for petrol and diesel as he sought to ease the...
A Freeport is designed to attract major domestic and international investment, these hubs of enterprise will allow places to carry out business inside a country’s land border but where different customs rules apply. At a Freeport, imports can enter with simplified...
The Department for Transport has issued an open letter to the UK Logistics Sector regarding the current HGV driver shortage. The letter outlines the government's plans on how they will help tackle the problem. The first measure referenced in the letter is regarding...