Aside from the newly implemented IFRS standards, regulatory changes in customs in the UK are also undergoing a massive overhaul this 2021. Let’s see what are the implications of post-Brexit conditions to VAT and trading.
After the implementation period (IP) completion day last 2020, policy changes have been imposed on accounting requirements. For the remainder of 2021, we continue to see the impact of Brexit on financial reporting for UK firms and corporations.
Entering January 2021, England was placed under the third nationwide lockdown amid threats of Coronavirus’ stronger strain. In line with this, the government released new business grants for affected SMEs in the UK.
As the post-transition period begins this 2021, the Brexit Trade deal remains a bare-bone structure for UK small businesses, leaving them in the dark about their next steps now that the UK is no longer a member of the European Union.
As Singapore grapples with the economic impact of the COVID-19 pandemic, the government issued various stimulus programs to provide financial support to businesses and individuals. Read on for a quick guide about the Resilience Budget application..
Several small businesses were forced to shutdown as a temporary lockdown was imposed in the UK. The British government is now navigating around the global hurdle as the coronavirus (COVID-19) wreaks its economic growth.