PM Boris Johnson and the Conservatives did what they had vowed to do in last year’s election to ‘Get Brexit done’. Friday saw celebrations and commiserations from the Leavers and the Remainers. The question now is what happens next? We are out of the EU, but what difference does this make and what is the…
Are you involved in the transport of goods to and from the EU? HMRC has posted useful guidance on what you will need to do to accommodate a no-deal Brexit on 31st of this month. The guidance can be downloaded as a PDF from Transitional Arrangements Extension Transitional arrangements are in place regarding licenses and…
HMRC has published a checklist of issues you will need to deal with prior to 31 October 2019. The checklist has been sent to all businesses that already trade with the EU or the rest of the world. The text of the letter is reproduced below, and this contains the links to the step-by-step guides….
In the event of a no-deal Brexit, there are key VAT changes for importers of goods into the UK. HMRC currently use Customs Handling of Import and Export Freight (CHIEF) to issue C79’s so that companies can reclaim import VAT on their VAT returns. From 22:59 ON 31 October 2019, this will no longer happen….
HMRC have issued a letter to VAT registered traders that either export or import goods to and from the EU. They are introducing new Transitional Simplified Procedures (TSPs) for customs purposes. For Importers HMRC is introducing new Transitional Simplified Procedures (TSP) for customs, to make importing easier for the initial period after the UK leaves…
There are just under 60 days left until the present withdrawal deadline is reached, 29 March 2019. Leaving aside the fact that there were no violins available, it’s interesting to seek a comparison between the supposed musical antics of Nero in AD64. As Rome burned and our government, preoccupied with important political matters as British…
Are we heading for a no deal, a no change or some form of compromised Brexit? The days of free access to the EU for the exchange of goods are likely to be numbered due to the UK’s exit on 29th March 2019. Unless abandoned completely, one of the outcomes highlighted above will soon become…
It is hardly surprising that to prepare for Brexit is fast becoming as big a turnoff as a tax. How on earth are we supposed to react or adapt to such far-reaching changes when the exact details of our exit are still undecided just a few weeks before the March 2019 deadline? Businesses that buy…
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