Blog Search

Archives

HMRC publish Agent Update: Brexit Special

HMRC have published a Brexit edition of their Agent Update publication, which contains some useful information on changes to various procedures after Brexit.

In particular, articles are included on the following topics:

Grants for businesses completing customs declarations: £16m in new government funding is now available to help businesses train staff in making customs declarations, and to help businesses who support others who trade goods to invest in IT. This will ensure that trade with the EU continues as smoothly as possible after Brexit on 31 October.

Customs agents currently help businesses who trade outside the EU. This funding should help increase the capacity of the sector as businesses trading with the EU consider whether to get an expert to complete customs documentation for them after Brexit.

Changes for UK employers sending workers to the EU, the EEA or Switzerland: Currently the EU Social Security Coordination Regulations ensure employers and their workers only need to pay social security contributions (such as National Insurance contributions in the UK) in one country at a time. However if the UK leaves the EU without an agreement, the coordination between the UK and the EU will end. This will mean that employees working in the EU, the EEA or Switzerland may need to make social security contributions in both the UK and the country in which they are working at the same time.

VAT IT system changes for businesses outside the UK: Businesses need to prepare for various changes to VAT in the event of a no-deal Brexit. HMRC have flagged up new procedures for checking VAT numbers and paying VAT on sales of digital services provided to UK consumers.

The Service section of the Special Edition carries information on Brexit webinars and the HMRC alert service.

View Agent Update Brexit Edition (September 2019).

  • Latest news and testimonials

  • Latest News

    • September Q&A
      Q. I have two small businesses which are treated as a group for VAT purposes, so we only submit a single VAT return covering both …
      Read more
    • Making Tax Digital for Business: update
      In July, the Government confirmed that the Summer Finance Bill would be published in September, with the measures dropped from the pre-election Finance Bill being reintroduced …
      Read more
  • Testimonials

    • Partner – Solicitor
      I have worked with SBL over the last 10 years on numerous matters involving owner-managed business. They are professional, personable, knowledgeable and work incredibly hard to provide the best advice to their clients. I would have no hesitation in recommending SBL.
      Read more
    • Director – Networking Company
      SBL are a professional Accountancy Firm and are exceptionally up to date with all legislations.  SBL know their clients extremely well and what will work best for their business. SBL understands business and how business works and they deliver the very best considered professional advice.
      Read more
    • Director – Retail/Fashion Company
      SBL have provided auditing and other accounting services for our company for more than 10 years. They not only offered excellent support from a professional accountant company, but also delivered forward-thinking advice on how to improve our business.
      Read more
  • Don’t hesitate to ask

    SBL are here to help. With accountancy advice and tax planning experts on hand to guide you and your business on the pathway to success! You can call us on 020 7580 6822, or email us on info@sblaccoutants.com or if you’d prefer you can complete our Free Online Enquiry Form and one of the team will be in touch shortly.

    Don’t hesitate to ask

    Don’t hesitate to ask section
    • This field is for validation purposes and should be left unchanged.

    By submitting my details on this form, I consent to being contacted by a member of the SBL Accountants team by email or telephone. Privacy Policy