Directions for cross-border e-commerce expansion: United Kingdom
Date29 Oct 2024
CategoryE-commerce
Although the emotions and debates surrounding the United Kingdom’s exit from the European Union (Brexit – January 31, 2020) have long since subsided, the relatively new reality may still raise […]
Penalties related to UK VAT. Who is at risk, for what, at what level, and how to avoid them?
Date17 May 2024
Registering for UK VAT and obtaining a UK VAT number opens up new opportunities for e-commerce entities operating in the British market. However, having UK VAT comes not only with […]
Issues with VAT registration in the UK
Date07 May 2024
VAT registration in the UK – challenges. E-commerce entities are increasingly eager and more frequent in selling their services to the United Kingdom, as it is a rapidly growing e-commerce […]
Top 10 e-commerce marketplaces in the UK
Date29 Apr 2024
CategoryE-commerce
The United Kingdom is one of the largest e-commerce markets globally. Therefore, it’s no surprise that an increasing number of online stores are opening up to sell their products to […]
Intrastat UK 2024: Is reporting still mandatory?
Date17 Apr 2024
Since the end of the Brexit transition period in January 2021, the United Kingdom has entered a new trade reality. Changes in foreign trade significantly affect e-commerce entrepreneurs, especially concerning […]
VAT tax in the UK for e-commerce sellers: Everything you need to know in 2024
Date15 Apr 2024
Since Brexit in 2020, the United Kingdom has become an arena of new challenges for e-commerce entrepreneurs, especially concerning VAT tax. Changes in the trading system, the introduction of new […]
HMRC urged to temper new VAT penalties for online retailers
Date26 Jan 2018
HMRC urged to temper new VAT penalties for online retailers ‘ The Chartered Institute of Taxation (CIOT) is calling for amendments to a new government scheme to tackle VAT evasion […]
Lawmakers reject proposed amendment to Brexit legislation
Date11 Jan 2018
Lawmakers in the UK reject proposed amendment to Brexit legislation A proposed amendment to Brexit legislation has been voted against by the lawmakers in the UK. This legislation would have […]
The BCC calls for tax cuts
Date12 Dec 2017
The British Chambers of Commerce calls for tax cuts Ahead of the British Chancellor’s Autumn Budget in November, the British Chambers of Commerce (BCC) has urged the UK Government to […]
UK government guidance for new tax avoidance penalty law
Date30 Nov 2017
Last month the UK government released guidance involving the new legislation that will introduce penalties for enablers of defeated tax avoidance arrangements. The Finance Bill (No. 2) 2017 legislation – […]
The UK sets out post-Brexit cross-border tax plans
Date14 Nov 2017
On the 9th October, 2017, the UK Government released a number of ‘white papers’, setting out how it will accomplish its trade and customs policies, containing its customs, value-added tax, […]
UK postpones tax technology plans
Date16 Aug 2017
George Osborne, the previous Chancellor of the Exchequer announced last year “the death of the tax return”. A new plan named “Making Tax Digital’ and was aimed at automating all […]
VAT rises ruled out ahead of UK elections
Date19 May 2017
The current Conservative government and the main opposition Labour party recently ruled out future rises in VAT ahead of June’s election. Since the 10%+ debit from the financial crisis, the […]
More than 35,000 micro-businesses drawn into Brexit EU VAT net
Date17 May 2017
It is estimated that 35,755 UK micro-business selling over the internet into Europe face being drawn into the EU VAT net for the first time following Brexit. Cost could reach […]
BREXIT – UK VAT and potential tax opportunities
Date26 Apr 2017
The concerns around Brexit has been dominated by the potential negatives and uncertainties facing the UK economy as it arranges to leave the European Union. This has been compounded in […]
UK – VAT split payment system
Date24 Apr 2017
Recently the UK government launched a consultation on the use of split VAT payments for the e-Commerce industry. This split payment mechanism consists of the customer paying the VAT share […]
UK – VAT measures announced in the Budget
Date19 Apr 2017
The Chancellor announced in the UK Spring Budget new measures for tackling VAT avoidance and evasion, together with an increase in the registration and de-registration thresholds. VAT Avoidance The elimination […]
UK – changes to VAT
Date22 Mar 2017
United Kingdom raises VAT Registration Threshold On 8th March, 2017 the UK Chancellor announced in his Spring Budget that the annual VAT ‘Registration Threshold’ will rise from £83,000.00 to £85,000.00, […]