What is a commodity code? A guide for those who import and export
A commodity code is a number that determines the type of goods you are importing or exporting. This number can …
Tag: VAT
Is The VAT Flat Rate Scheme Right For Your Business?
The VAT flat rate scheme was introduced by the UK government to make it easier for small businesses to arrange …
Bradfords Gifts: Keeping things sweet through the Brexit transition
By Staff writer
Real Business talks to James McGoldrick, co-owner of Bradfords Gifts, about how the company is navigating Brexit to ensure a smooth transition.
VAT: What you need to know
With Brexit on the verge of ?getting done Alison Horner, indirect tax partner at MHA MacIntyre Hudson, looks at the outlook for VAT in 2020, arguing companies need to adapt both to changes brought about by Brexit and from new EU measures to combat fraud.
Cosmetics companies need to ensure treatments comply with HMRC guidelines
By David Craik
Businesses in the beauty sector need to spruce up VAT skills or face some harsh treatment from the HMRC.
Making exporting help as easy to find as your local Boots
By David Craik
Making exporting as convenient as popping down to your local high street Boots store is the aim of new venture Export Growth Partners.
Myth busting: VAT reclaim doesn’t have to be as mysterious as you think
Reclaiming VAT is worth doing if your business is entitled to money, why wouldn?t you claim it” Initially it might seem like a headache, but with the right know-how and the right tools, it could help your bottom line.
HMRC tackles online VAT fraud to level playing field for retailers
New laws that ensure businesses selling online pay the right amount in tax, and which make online marketplaces more accountable for VAT fraud, have come into force in the UK.
Chancellor urged to use Spring Statement to address late payments
Ahead of the chancellor’s first ever Spring Statement on 13 March, Philip Hammond has been called upon to use his speech to tackle late payment culture.
The government must act to save businesses from Brexit VAT beating
By Staff writer
According to Ann Jones, MD of Europe at VAT IT, the current VAT rise a consequence of leaving the Customs Union will push the cash flow of UK businesses to breaking point. However, these issues are being hidden behind the main Brexit headlines.