Businesses exporting to the European Union need to understand how “Rules of Origin” work to benefit from the UK-EU Free Trade Agreement, as many goods and services exported to the EU will remain tariff-free, providing these rules are met. The Rules of Origin establish the country of origin of imported […]
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Government extends agricultural visa scheme to fill jobs left by EU workers
The UK Government has tripled the number of workers employers can recruit from overseas to work on UK farms in 2021, it has been revealed. Under the Seasonal Workers Pilot, 30,000 visas are now available to overseas talent seeking agricultural and horticultural work for a period of up to six […]
Read moreThe post-Brexit Agreement – what this means for you and your business
There are more than 1,000 pages of the post-Brexit trade agreement under scrutiny at the moment. From the initial review, these are the key points you may wish to consider which may affect you and your business as we start 2021. From 1 January 2021, the process for importing and […]
Read moreNew laws to ensure businesses can trade freely between all four parts of the UK at end of transition period
New laws approved this week will ensure that no “harmful barriers” will be imposed on trade between the four parts of the UK at the end of the Brexit transition period, it has been announced.
Read moreBrexit: UK Trader Scheme to support movement of goods between Britain and Northern Ireland
The UK Trader Scheme (UKTS) has now been launched to support businesses moving goods between Great Britain and Northern Ireland after the Brexit transition period ends. Here’s what you need to know: What is the UK Trader Scheme? Simply put, the UKTS will ensure that UK traders do not pay […]
Read moreBrexit trade deal negotiations continue as businesses warned to prepare for a ‘no deal’ scenario
Sunday’s deadline for reaching a post-Brexit trade deal between the UK and EU came and went as both sides committed to continue negotiating ahead of the end of the Brexit transition period at 11pm UK time on 31 December 2020. The decision to keep negotiations open appears to have been […]
Read moreVAT under the Northern Ireland Protocol
Under the newly agreed Northern Ireland Protocol, the Value Added Tax Act (1994) will be amended so that Northern Ireland maintains alignment with the EU VAT rules for goods. This means that the rules for intra-EU movements of goods that currently apply, will continue to apply after the end of […]
Read moreNorthern Ireland customs duty arrangements confirmed
The Government has confirmed further details of the customs duty arrangements that will apply to Northern Ireland with the publication of the Taxation (Post-transition Period) Bill. The Bill enacts several of the arrangements contained in the Northern Ireland Protocol, a critical element of the Withdrawal Agreement that is designed to […]
Read moreGovernment launches new export finance guarantee scheme
The Government has launched a new export finance guarantee scheme, targeted at SME exporters. The General Export Facility scheme will provide an 80 per cent Government guarantee on financial support of up to “around £25 million” from lenders to support the general costs of exporting. To be eligible, a business […]
Read moreHow can your business prepare for customs and VAT after Brexit?
We are now less than one month away until the UK officially leaves the European Union. For businesses, this means new processes, protocols and procedures. In this blog, we are going to explore how your business can approach just two of these issues: customs and VAT. Here’s what you need […]
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