Duty suspensions are designed to help UK and Crown Dependency businesses remain competitive in the global marketplace. They do this by suspending import duties on certain goods, normally those used in domestic production.
Bevan Buckland LLP, which is headquartered in Swansea, has launched a partnership with Tech-Wales Ltd, a Port Talbot based IT outsourcing and consultancy firm, to deliver technology advice and solutions to clients investing in technology advancements.
HMRC have updated their guidance on claiming relief for company trading losses to take account of the extended carry back announced in the Spring Budget
The grants to self-employed individuals whose businesses have been impacted by coronavirus has been extended to cover periods February 2021 to April 2021 (fourth grant – now closed) and May 2021 to September 2021 (fifth grant).
HMRC have released guidance about some of the approvals and special procedures that help simplify customs processing and reduce VAT and Customs Duty owed