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VAT and customs duty: Make sure your supply chain is Coronavirus and Brexit proof

02 June 2020

Many businesses have had to put Brexit on the back burner while they fight the global economic crisis brought on by coronavirus. With less than seven months to go until the UK is due to leave the EU’s VAT and customs systems, cross border traders should start reviewing their contracts and ‘Incoterms’, especially if the current crisis has, or will lead to, changes in their usual supply chains.

RSM says Government has missed a trick as it launches Future Fund
Charlie Jolly

20 May 2020

RSM has welcomed today’s launch of the £500m Future Fund but has urged Government to rethink the detail so that private investors using EIS and SEIS schemes do not suffer ‘collateral damage’ and the fund can benefit all stakeholders.

New Government loan scheme for innovative firms amidst coronavirus
David Blacher

24 April 2020

Since the coronavirus lockdown in the UK the tech start-up industry has been under a lot of pressure. After much debate, plans for a new 'Future Fund' designed to support high-growth companies has been announced.

Import VAT and duty freeze on medical supplies and emergency export controls on PPE

15 April 2020

Two welcome announcements from HMRC help support our frontline workers get vital supplies.

How has coronavirus impacted the private equity market?

03 April 2020

The top priority for all private equity funds is to protect and maximise value in their existing investments. All private equity firms with existing investments will be assessing the outlook for each company and deciding what level of action to take in each case.

Impact of coronavirus on venture capital and private equity in the tech sector
Charlie Jolly

02 April 2020

The venture capital and private equity industry have invested heavily in the technology sector, from seed investments in new ideas to buyouts and take-privates of established businesses.

RSM puts its weight behind emerging Future Fifty tech firms
David Blacher

19 March 2020

RSM has announced its sponsorship of Tech Nation’s Future Fifty 8.0 cohort – the eighth edition of the UK’s leading late-stage growth programme for high-growth tech scale-ups.

Government statement fails to calm fears of a hard Brexit for customs

04 March 2020

The Government has revealed ambitious, perhaps over ambitious, plans for a comprehensive free trade agreement with the EU to be in place by the end of this year. It is very clear on the outcome if negotiations don’t go to plan.

Hard customs border adds to Brexit pain for UK importers

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.

Government consults on new customs tariff for post-Brexit era

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.

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