Brexit: Amazon announces changes to FBA and EFN
Date04 Aug 2020
The United Kingdom will inevitably leave the European Union on 1st January 2021 after the option of an extension of the deadline has not been chosen. The precise nature of...
Please Read More
HMRC urged to temper new VAT penalties for online retailers
Date26 Jan 2018
CategoryUnited Kingdom VAT
HMRC urged to temper new VAT penalties for online retailers ‘ The Chartered Institute of Taxation (CIOT) is calling for amendments to a new government scheme to tackle VAT evasion...
Please Read More
The UK Brexit Customs and VAT Bill
Date17 Jan 2018
CategoryUnited Kingdom VAT
Last week, the UK Parliament had its second reading of the ‘Taxation (Cross Border Trade) Bill’, which lays the ground for the post-Brexit Customs, VAT and Excise regimes. The Bill...
Please Read More
UK – Tax News
Date14 Nov 2017
CategoryUnited Kingdom VAT
The UK sets out post-Brexit cross-border tax plans On the 9th October, 2017, the UK Government released a number of ‘white papers’, setting out how it will accomplish its trade...
Please Read More
UK Tax
Date16 Aug 2017
CategoryUnited Kingdom VAT
UK postpones tax technology plans George Osborne, the previous Chancellor of the Exchequer announced last year “the death of the tax return”. A new plan named “Making Tax Digital’ and...
Please Read More
VAT rises ruled out ahead of UK elections
Date19 May 2017
CategoryUnited Kingdom VAT
The current Conservative government and the main opposition Labour party recently ruled out future rises in VAT ahead of June’s election. Since the 10%+ debit from the financial crisis, the...
Please Read More
More than 35,000 micro-businesses drawn into Brexit EU VAT net
Date17 May 2017
CategoryUnited Kingdom VAT
It is estimated that 35,755 UK micro-business selling over the internet into Europe face being drawn into the EU VAT net for the first time following Brexit. Cost could reach...
Please Read More
BREXIT – UK VAT and potential tax opportunities
Date26 Apr 2017
CategoryUnited Kingdom VAT
The concerns around Brexit has been dominated by the potential negatives and uncertainties facing the UK economy as it arranges to leave the European Union. This has been compounded in...
Please Read More
UK – VAT split payment system
Date24 Apr 2017
CategoryUnited Kingdom VAT
Recently the UK government launched a consultation on the use of split VAT payments for the e-Commerce industry. This split payment mechanism consists of the customer paying the VAT share...
Please Read More
UK – VAT measures announced in the Budget
Date19 Apr 2017
CategoryUnited Kingdom VAT
The Chancellor announced in the UK Spring Budget new measures for tackling VAT avoidance and evasion, together with an increase in the registration and de-registration thresholds. VAT Avoidance The elimination...
Please Read More
UK – changes to VAT
Date22 Mar 2017
CategoryUnited Kingdom VAT
The UK raises VAT Registration Threshold On 8th March, 2017 the UK Chancellor announced in his Spring Budget that the annual VAT ‘Registration Threshold’ will rise from £83,000.00 to £85,000.00,...
Please Read More
Increase on ‘free allowance’ on small packages
Date16 Jan 2017
CategoryUnited Kingdom VAT
From 1st January, 2017, the VAT-free threshold has been increased by the UK for small packages being imported in the country, from outside of the EU. The previously maximum value...
Please Read More
