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Foreign Business need to VAT registration in UK  VAT registration in UK Foreign businesses may register for VAT number UK without the need to form a local company. This is known as non-resident VAT trading. Foreign businesses must register for UK VAT immediately. If they are providing taxable supplies. There is no longer any non-resident […]

Use of home for UK Business  Small businesses are base at home. It means the director work from home to run the company.  From the tax year of 2022-23 onwards, there was an optional flat rate deduction basis. So that these businesses can claim an amount back for using a room/rooms at home for business

Customs controls: Is your business ready?  From 1 January 2022, businesses that permanently move goods to Great Britain from other EU countries. It will need to aware that full customs controls will introduce. The New Year onwards, goods entering Britain from within the EU. It will require new customs arrangements. The government plans to phase

Maximize Your Wealth: Navigate Capital Gains Taxes Rates and Allowances     Capital gains tax (CGT) is a complicate subject. We do cover the main issues, though you to where you may find extra help. The 30-day deadline for the reporting of chargeable gains on UK residential property disposals and payment. The Capital Gains Tax

Amazon FBA and EU VAT rules What is Amazon FBA? Fulfillment by Amazon (FBA) is a service that allows businesses to outsource order fulfillment to Amazon. This takes the burden of sellers and grants them more flexibility in their selling practices. The program allows sellers to ship their merchandise to an Amazon fulfillment center. Where

Benefit of the Kickstart scheme for businesses The Kickstart scheme is design to help young people aged 16 to 24, who are on risk of a long term unemployment and universal credit into employment. The government recently launched £2bn Kickstart Scheme.  The incentive for businesses who help at-risk young people get back into work. Chancellor

What is Payment on Account? When you start working for yourself as a sole trader, one of the initial benefits is that you do not have to pay tax as money comes in – unlike the PAYE system, in which employees’ earnings have tax deducted at source. As a self-employed worker, your first tax bill is

Create HMRC Government Gateway Account: What You Need To Know Step by Step Instructions to create your Government Gateway Account If you’re in the UK and are either self-employed, tax resident, non resident VAT registration, running a business or have to do anything to do with taxes, revenue, or benefit claims, chances are you will

VAT return portal updated in Dutch tax authority  In 2022 Dutch VAT returns need to submit via a new Portal. These changes only impact those businesses registered in the Dutch Chamber of Commerce. So foreign VAT registered companies without a permanent establishment are not yet impact. This online portal (Belastingdienst Zakelijk) for amongst others, is

Import VAT reverse charge in France  Import VAT reverse charge mechanism will mandatorily declare in the French VAT returns. It will start from January 2022. The French tax authority announced that all import tax payer will be compulsorily declare import goods under reverse charge mechanism. The French VAT return based on the reverse collection mechanism. This