On the other side of the deal, if you sell your business, you need to end your accountant’s (agent’s) access to your online VAT account, cancel any direct debits on your online VAT account, and give the buyer your records if you are transferring the VAT registration number to the bu...
The Business Support Service is free to access. It can help you find the right support and impartial advice, whether you're just starting out or growing your business venture. Find out more. Find a UK-regulated agent to verify information for an overseas entity ...
If you are unsure as to where you stand, check this out with your UK freight agent or research on the HMRC website. Most of the time, if duty is not payable then VAT will be removed too. How does the GSP Scheme work? The GSP (Generalised System of Preferences) scheme allows for so...
Because this process is a little more complicated, many business owners choose to use anagent or a professional serviceto help them incorporate their UK business without any hassle. This can mean an extra fee, but it can also result in a smoother and easier experience, so you can get on ...
For the majority of company owners, however, choosing the right accountant from the start is an important step, as you are likely to have quite a few questions following the initial start-up process. Once you have appointed your accountant as your ‘agent’, they can then deal with HMRC on...
HIRING A CUSTOMS AGENT Freight forwarders, brokers, and fast parcel operators are some of the types of agents who can handle customs for you. To help you with imports from the EU, they must be established in the EU. Freight forwarderscan assist you with moving the goods around the world....
13. Get on top of debt If your credit card debt is rising, use the Money Advice Service credit card calculator to work out how long it will take to pay off at your current rate and how much you’ll waste in interest. Once you’ve recovered from the shock, switch to a nought per ...
The rate will be changed once your employer receives the correct code from HMRC. 4 Get a Tax Credit Certificate (TCC) for your new job. Once your job is registered, HMRC will issue a TCC in the name of your employer. The TCC tells your employer what tax codes to use to withhold ...