
There are special procedures for importing goods into the UK. Following the end of the Brexit transition period on 31 December 2020, the process for importing goods from the EU effectively mirrors the process for all other international destinations.
On 14 September 2021, a revised timetable for the introduction of full import controls was published by government.
A number of easements had been put in place to help ensure a smooth transition for goods coming from the EU. This included a delay in the requirement for full customs declarations and controls until 1 January 2022. The timetable for this change remains as previously set out. However, safety and security declarations will now not be required until 1 July 2022.
Under the revised timetable:
It is hoped that this revised timetable will give businesses, especially those in the agri-food sector, more time to adjust for issues caused by Brexit and the global pandemic.
A couple in their late sixties own a home worth £750,000 and have £700,000 in savings and investments. Their combined...
A pharmacy can look profitable on paper while still facing tight cash flow. NHS income, retail sales, dispensing margins, staff...
Capital Gains Tax is becoming increasingly important for UK crypto investors as HMRC gains access to more detailed information about...
A sole trader may have completed the first MTD quarterly update without realising that the next deadline is already approaching....
A client came to Apex Accountants last week, a sole trader with two income streams, unsure whether she had met...
We are increasingly asked the same question by clients who have heard about Making Tax Digital but are not sure...
Miss a tax deadline today and HMRC charges 7.75% a year on the outstanding balance. The Bank of England’s base...
The government’s announcement, made in July by new Prime Minister Andy Burnham as one of his first acts in office,...
For UK taxpayers asking “What happens to my Personal Allowance if I earn over £100,000?”, the answer depends on HMRC’s...
For UK employees, pensioners and employers asking, “What should I put for personal allowances?”, the answer depends on the person’s...