UK Government consultation on freeports
The government has launched a consultation on proposals to create up to ten freeports across the UK which would have different customs rules than those which apply in the rest of the UK.
The government has launched a consultation on proposals to create up to ten freeports across the UK which would have different customs rules than those which apply in the rest of the UK.
HMRC has confirmed that the current rules on trade, travel, and business will continue to apply until the end of the Brexit transition period on 1 January 2021.
With only three weeks until the proposed Brexit date, HMRC has set a 31 January deadline for online claims for EU VAT refunds via their website.
HMRC advise all VAT-registered businesses that trade only with the EU to take action now to prepare for a no deal EU exit.
If you own property in Spain then you need to be aware that Brexit will affect your tax position.