News

Its all about VAT - useful guide from registration to relief schemes

VAT is a complex tax that is administered entirely by the taxpayer, the business. HMRC expect the business to know how to manage the tax and to operate reliefs, simplifications and apply all the complex VAT rules to comply. Failure to do so will result in interest charges and penalties. Over the next few months some basic guidance on how to manage VAT will be provided, but this will be general guidance and it is the businesses’ responsibility to ensure that it applies to their particular situation. This month VAT registration will be examined.

BCC CALLS FOR IMMEDIATE EMERGENCY BUDGET

The British Chambers of Commerce is calling for an immediate emergency budget to deal with the costs crises facing businesses and people throughout the country.

BCC welcomes joint statement on UK/US trade dialogues

Statement follows UK International Trade Secretary's meeting with U.S. Trade Representative in Aberdeen, Scotland.

Update to Government Guidance: Importing and exporting organic food

Importing organic food from the EU, Norway, Iceland, Liechtenstein and Switzerland to Great Britain.

All Businesses to use Customs Declaration Service (CDS) from 30th of September 2022 - start preparing now

Businesses will need to use the Customs Declaration Service (CDS) to declare all imports after 30 September 2022, and all exports after 31 March 2023. Start preparing now

Government considering further delay to SPS checks on EU agrifoods to avoid ‘supply chain disaster"

Ministers are considering extending post-Brexit border checks for agrifoods entering Britain from the EU in order to avert what has been dubbed a “supply chain disaster”, according to a report in the Financial Times.

UK launches negotiations with Canada on a new, modernised trade deal

International Trade Secretary visits Ottawa to officially launch negotiations on a new Free Trade Agreement between two Nations. International Trade Secretary Anne-Marie Trevelyan will meet with her counterpart, Canadian Minister for International Trade, Export Promotion, Small Business and Economic Development Mary Ng to formally launch talks that aim to bring benefits for both countries and strengthen a trading relationship already worth over £19 billion in 2020.