With an unprecedented amount of employees working from home, international travel bans abound in major trading countries, Covid-19’s VAT impact is significant.
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Eleven European countries have approved the quick fixes made to four EU council directives which will be in effect from 1st January 2020.
As part of the preparations for Brexit, the HMRC recently published an article on its website stating that businesses established in the UK will not be able to utilise HMRC’s VAT Online Services (Portal) to submit a VAT refund application to a EU member state
The fashion, clothing and textile industry is incredibly vulnerable to VAT leakage linked to both their foreign expenditure as well as local input VAT
If you’re in the automotive, pharmaceutical or any heavy metal engineering industries, then you’ll know the extraordinarily high costs of tooling
The laws are complicated, the process is complex and burdensome, so it’s very easy for private air charter businesses to turn a blind eye to the fact that they might be losing thousands of dollars every year in tax savings
It can be very easy to turn a blind eye to the fact that your pharmaceutical company might be losing thousands of dollars every year in tax savings
Most finance teams don’t have capacity to verify the compliancy of their expense claims before the approval and payment of them
You’re not just a collection of data and invoices to us. We know you.