12 May 2020
A recent report analyses the tax cost of coronavirus between sectors. With the UK Government now proposing a roadmap to recovery from the coronavirus, we consider what role the tax system will have as the country begins to get back on its feet. Tax increases alone will not be sufficient. Direct investment by the Government will be required. Welcome to Roosevelt’s 1930s New Deal for the UK 2020s.
15 April 2020
Two welcome announcements from HMRC help support our frontline workers get vital supplies.
18 February 2020
The removal of Brexit contingency plans for customs and VAT promised in 2019 will make an already difficult situation even worse for businesses. Disruption to supply chains seems inevitable, and the removal of postponed accounting and/or transitional simplified procedures will make an already difficult situation even worse for businesses.
12 February 2020
The Department for International Trade has launched a public consultation on its proposals for a new UK customs tariff, to be implemented at the end of the Brexit transition period. The closing date for comments is 5 March 2020 and we can expect an announcement on the UK’s new tariff shortly thereafter. Businesses should take note.
17 December 2019
Commenting on yesterday's FTSE250 record close, Simon Hart, RSM's Brexit lead partner said: 'The positive response from the markets to the Conservative Party winning an overall majority in Parliament has lifted the mood among investors and the financial markets generally.
22 October 2019
We look ahead to what the post-transition arrangements will look like, if and when Great Britain leaves the VAT Union and the UK (including Northern Ireland) leaves the EU Customs Union.
19 October 2019
Explore the immediate tax issues relating to VAT, customs duty and trade that an organisation can recognise in the event of a no-deal Brexit, and our advice on how to prepare for this outcome.
Maintaining compliance with changing regulatory frameworks is crucial for any business to continue to operate and trade across the EU and non-EU countries as they do now. Is your business is up-to-date and able to maintain compliance with changing regulatory frameworks?