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The Registered Exporter System (REX) – New rules coming soon

EU Exporters need to register with REX by 1st January 2022 Since Britain’s departure from the EU European operators have been allowed to export goods into the UK without providing a formal declaration of origin to the UK importer (or to the UK authorities). The idea is that the exporter can do this retrospectively, and […]

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Goods Vehicle Movement regulations

Goods Vehicle Movement Regulations needed from 1st January 2022 From 1st January 2022, there will be a new statutory requirement for hauliers bringing goods into the UK from overseas. Most goods that are to move through a UK Port will need to use the Goods Vehicle Movement Service. In this article, we’ll look at the […]

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Self-employed – Tax return deadlines

Do you know the tax deadlines for self-employed people? Are you self-employed? Are you a Partner in a business? Then you need to be aware of the key tax deadlines. Missing them could result in penalties and prove to be expensive. In today’s article, we check out some of the deadlines and identify why they’re […]

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R&D Tax Relief for small and medium companies

R&D Tax Relief for small and medium companies Research and Development (R&D) relief is aimed at helping companies that work on innovative projects in science and technology. SME R&D relief allows companies to either: Enhanced expenditure Deduct an extra 130% of their qualifying costs from their yearly profit, as well as the normal 100% deduction, to make […]

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Did you stay in Italy because of Covid?

Letter from Agenzia delle Entrate saying you need to pay Italian tax? A number of our clients have received a letter similar to the one attached from the Agenzia delle Entrate saying that if they stayed in Italy because of COVID then they are Italian Tax Resident and need to pay tax in Italy. This […]

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Inheritance Tax for Italians living in the UK

Overview of UK IHT Inheritance Tax is the tax that has to be paid by the estate of an individual who has died. Their ‘estate’ is defined as their tangible assets – essentially their money, possessions and property. The principle may seem straightforward, but there are lots of complicated rules that make the process complex. […]

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