UK Launches Consultation on E-Invoicing
UK launches consultation on e-invoicing between UK businesses and Government departments. Scope and plans still unclear.
-
-
UK Updates the Process to Communicate Registration Changes
Update of the process for communicating VAT detail changes to HMRC from August 2024
-
Packaging EPR Obligation in the UK: A Guide for Amazon Sellers
New UK packaging EPR obligation. The obligation to pay the EPR fee is postponed.
-
UK and Italy Reach Reciprocity Agreement for VAT Refunds
UK and Italy reach a reciprocity agreement for VAT refund purposes via 13th Directive. UK businesses can now claim the VAT incurred in Italy even though not being VAT-registered.
-
UK Plastic Packaging tax
Plastic Packaging tax was introduced in April 2022 as part of the UK's Green taxation plan. Now, the UK plans to raise the rate by April 2024
-
Cash accounting scheme in VAT: How it Works?
Discover the special VAT scheme of Cash Accounting and how it works in the EU and the UK.
-
EORI Number in UK: What is and How to get it?
Find information about what is an EORI number, why is it important and how to get it in the UK.
-
UK new penalty and surcharges system in January 2023
UK announced a new penalty and surcharges system applicable to late VAT return submission and VAT payments from January 2023. This new system raises the possibility for taxpayers to receive a penalty or surcharge from HRMC.
-
UK Customs Declaration Service and imports control postponed to 2023
UK new Customs Declaration Service will replace CHIEF. Also, the import controls expected for July are delayed.
-
UK VAT refunds to foreign businesses made easier
HRMC announced plans to allow non-established businesses to receive UK VAT refunds directly in their foreign bank accounts.
-
UK duty deferment accounts for postponing customs payments
It is possible for UK-registered businesses to delay the payment of customs duties, VAT, and excise duties. Certain conditions must be met and an application should be approved by HMRC.
-
Step-by-step guide on importing goods into the UK
Check out this comprehensive guide on importing goods into the UK.