Postponed VAT Accounting

A faster way to recover VAT on goods imported to the UK. These changes will affect your business from 1 January 2021 if you import goods into the UK. Import VAT is now charged on all goods entering the UK (including goods from EU countries). Previously import VAT was charged on non-EU imports only.  You… Continue reading Postponed VAT Accounting

UK-EU border changes and how this may affect the importing of goods

The countdown continues! As things stand, the UK will no longer be a member of the EU at some point in the near future.  This means that UK businesses that have only traded inside the EU may need to follow the same procedures used for trading outside the EU. In order to keep imports up… Continue reading UK-EU border changes and how this may affect the importing of goods

From 1 April 2018, the Fulfilment House Due Diligence Scheme is open for online applications.

Businesses in the United Kingdom (UK) that store any goods imported from outside the European Union (EU) that are owned by, or on behalf of, someone established outside the EU, will need to apply for approval by HMRC if those goods are offered for sale in the UK. The deadline for applications from existing fulfilment… Continue reading From 1 April 2018, the Fulfilment House Due Diligence Scheme is open for online applications.