New COVID 19 support measures announced in the UK budget
Following the Chancellor’s Budget statement on 3 March, there are several new and extended measures to assist businesses which are summarised as follows: 1. Job retention scheme for furloughed workers The furlough scheme has been extended with a new end date of 30 September 2021. The scheme pays 80% of an employee’s usual salary for […]
Should you consider setting up an EU based subsidiary to circumvent some of the restrictions and red tape currently being experienced by some UK companies?
Stephen Jones of Management Today recently talked to Steen Rosenfalck, senior partner at European business lawyers ebl miller rosenfalck regarding options for UK companies trading in the EU. An extract of Stephen’s interview is shown here. Is there a specific law that has changed post-Brexit about setting up a company within the EU? There are […]
How is VAT being affected by BREXIT?
VAT (Value Added Tax) is a sales tax that is charged on the supply of goods and services in the UK with similar taxes applying across the EU. In the UK there is a turnover threshold for VAT of £85,000 where businesses with a turnover over this figure are obliged to register for VAT. Historically, […]