Thousands of businesses across the UK have been having to get to grips with new rules surrounding VAT, imports and exports since the Brexit transition period ended at the start of this year. To help, our experienced team have put together a detailed guide on post-Brexit trade and the new rules around VAT on imports […]
The General Export Facility, explained
Launched in December last year, the General Export Facility is designed to help businesses export their goods and services overseas. But what is the scheme? And how could it help your business? Overview The General Export Facility (GEF) is a guarantee scheme run by the Government’s export credit agency, UK Export Finance (UKEF). The facility […]
EU exports halt as UK firms encounter extra charges
Due to the new trade rules that came into effect on 1 January 2021, many UK businesses, who export to the EU, have been hit by extra charges, taxes and paperwork. Some have stopped exports to the EU as a result.
Recruiters need to prepare for the impact of post-Brexit rules on operations and finances
By Ben Chernoff, a Director at Davis Grant As the UK enters a new era entirely outside of the EU and the free movement agreement, recruiters need to be aware of the impact that this may have on their operations and finances.
Tech and Brexit – The impact on VAT from digital sales
By Steven Sandford, Director at Davis Grant Since 1 January 2021, the UK tech sector has faced new challenges with regards to digital sales to much of Europe, due to the new trade arrangements with the EU that affect the way VAT is recorded and paid.
“Act now” to keep your business moving overseas
The UK Government has urged businesses to “act now” to keep their business moving overseas in 2021. To help the Government has outlined “six key actions” businesses must take, so we have summarised them below: Goods To continue to import or export goods from the EU, you must get an EORI number, make customs declarations […]
Understanding the “Rules of Origin”
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 and exported goods and help […]
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 months. Extending and expanding the […]
The 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 exporting goods has changed. In […]