The government has announced a new zero rate of secondary Class 1 National Insurance contributions (NICs) for eligible employers on the earnings of eligible employees working in a Freeport tax site. What is a Freeport tax site? Freeports are usually located around shipping ports, or airports. Goods that arrive into freeports from abroad are....
When the UK left the European Union on 1st January 2021 it brought about a new set of tax and customs rules for businesses that trade goods or services across EU borders. As a result, the Government announced an SME Brexit Support Fund – a new grant that established businesses in the UK can use for....
As midnight hit on 31st January, most accountants rejoiced knowing their returns were all submitted on time. We were no different, immediately turning our attention to the big changes to come throughout 2021. We thought now would be the perfect time to update you on the major changes in legislation that you may need to....
The trade deal discussions are dominating the headlines once again with little over 3 weeks to go until the cut off. With that in mind, we thought we would recap on some of the new legislation and trade deals so far. Legislation Time is running out with the current Brexit negotiations. Preparing the UK....
Regardless of the agreement on tariff free trade between the UK an EU there will undoubtedly be additional documentation when importing and exporting goods from 1st January 2021. We want to ensure our clients are planning where possible and considering additional business matters such as data protection and intellectual property. We have....