Border controls put in place after the UK left the EU have resulted in increased costs, paperwork and border delays, say MPs on influential Public Accounts Committee
One year since leaving the EU, two-thirds of manufacturing companies have reported that Brexit has moderately or significantly hampered their business, however optimism for growth has risen
Some of the temporary customs and VAT easements introduced on 1 January 2021 for goods moving between Great Britain and the EU will be removed on 1 January 2022
The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) will be granted greater flexibility to update laws inherited from the European Union (EU) as part of the Government’s push to overhaul the financial industry after Brexit
Chancellor Rishi Sunak could introduce cuts worth £2bn for government departments tasked with meeting the Tories’ flagship ‘levelling up’ agenda despite the biggest tax rise in a generation
A report from the government’s European Scrutiny Committee warns that businesses in Northern Ireland and Gibraltar may be ‘adversely affected’ if the EU adopts proposals altering tax rules
Speaking at Mansion House this morning Chancellor Rishi Sunak announces his ambitious blueprints to turn the UK into the ‘most advanced and exciting’ financial services hub
Draft legislation is going through parliament to allow highly skilled workers from around the world to have their professional qualifications recognised in the UK
Smaller businesses can apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU with training costs covered
As trading arrangements with the EU face new import and export processes, James Hurst, VAT director at Brown Butler, explains the key VAT compliance issues to consider