We tell you what UK VAT payers can expect to face if the UK can’t reach an agreement with the EU about the terms of its exit.
Digitizing VAT is the first phase of the UK’s Making Tax Digital program, designed to modernize the country's tax system. UK authorities have revised related deadlines, which call for certain businesses to keep digital records and submit VAT returns using compatible software.
The UK’s Autumn Budget leaves in place the UK’s low 19 percent corporate tax while vowing to tighten tax rules and crack down on online sales. This post addresses the main points of interest for corporations.
This month the UK Government issued a white paper laying out its proposals for a new customs landscape after Brexit.
The Brexit referendum will likely have significant implications for the UK's value-added tax system. Here are some important considerations to help you make informed VAT-related decisions as Brexit negotiations unfold.
Yesterday UK voters decided to leave the European Union. The decision will have serious implications for multinationals operating in the UK. It’s important to keep in mind, however, that any changes resulting from yesterday’s referendum are months away. Now is the time to take a measured approach to how your business will likely operate in a UK that is not part of the EU, basing your strategy on the probable consequences of yesterday’s vote.