BREXIT DEAL SALIENT POINTS

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FISHING The UK becomes an independent coastal state and can control access to its waters and fishing grounds.   EU boats will continue to have access to fish in UK waters for five and a half years.    After that period the UK and EU will regularly negotiate on access to each other’s waters.   25% of the […]

MAKING TAX DIGITAL – NEXT STEPS

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MAKING TAX DIGITAL – VAT Making Tax Digital (MTD) for VAT was launched in April 2019.   All VAT registered businesses above the VAT threshold (£85,000) are now recording and reporting their VAT affairs digitally to HM Revenue & Customs (HMRC) using approved MTD functional compatible software.  Businesses with more complex VAT affairs have an extension […]

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