If your business is active in international trade, it is crucial that you are aware of all the local administrative regulations and obligations. Many countries have specific schemes or authorisations that make international trade easier from a practical or administrative point of view. Even so, strict adherence to the relevant rules is crucial, as was made apparent in a recent tribunal decision in the United Kingdom. Although the administrative error in that case was minor, the consequences were far-reaching.
Source Baker Tilly
Latest Posts in "United Kingdom"
- Court Ruling Redefines VAT Status for Further Education Colleges and Potentially Academies
- Tribunal Partly Allows Transwaste VAT Appeal; Upholds Penalties Where Fraud Knowledge Proven
- Limited SME Adoption and Understanding of E-Invoicing Despite High Familiarity Rates, HMRC Study Finds
- Tribunal Rules Mega Marshmallows Not Confectionery; Zero-Rated for VAT Under UK Law
- Isle of Man Introduces VAT Relief for Charitable Donations by Businesses from April 2026
