New ID Verification Requirements for Company Directors
As part of the Economic Crime and Corporate Transparency Act 2023, new ID verification requirements (IDV) are introduced for company directors, members of limited liability partnerships (“LLPs”), people with significant control (“PSCs”) and those making files at Companies House. Limited partnerships are also undergoing changes.
Selling into the UK. What you need to know about VAT in the UK?
Here are some top tips for selling to UK customers regarding VAT in the UK.
What you need to know about Reverse Charge VAT?
We have provided a brief overview of reverse charge VAT in this guide in order to ensure that you remain compliant with the law and can manage your VAT obligations.
End of VAT Services on Amazon UK. How to remain compliant?
VAT Services on Amazon will end on Thursday, 31 October 2024. Discover how we can help you stay VAT compliant What does this mean for sellers? VAT Services on Amazon is no longer available to new sellers. Amazon will inform sellers already using this programme of the next steps. The deadline to change VAT providers […]
Changes for goods moving from Ireland to Great Britain
After the government published the final version of the Border Target Operating Model in August 2023, some goods moving from Ireland to Great Britain will be subject to full customs controls. If goods are being imported directly from Ireland into Great Britain (not from or through Northern Ireland), import processes will be required. It will […]
Home Working Expenses vs Renting Alternative
Director and employee expenses for those working from home are tax-deductible, but HMRC allows for only a small deduction, especially with rising energy costs. What can you do to get a more generous tax deduction? Homeworking and tax Employers may reimburse employees and directors who work some or all of the time from home for […]