VAT Questions in Post-Brexit Reality

The UK has been out of the EU for over two years now. The time has flown by. In terms of VAT, little has changed, except for the reduction in VAT rate on tampons from 5% to 0%. The reality, however, is that many transaction deals are handled differently. Our clients...
VAT: Refunds to overseas bank accounts

VAT: Refunds to overseas bank accounts

VAT refunds can now be paid to overseas bank accounts thanks to an update to HMRC’s banking system. Entering details in the system isn’t always easy, however.  The result of Brexit has been an increase in overseas businesses registering for VAT in the UK....