Brighture newsletter February 2023

Kreston firm, Brighture, shares their expertise in their latest February 2023 newsletter covering financial news and updates from China.


Customs duty taxes and customs clearance

Customs duties are taxes that are imposed on the importation of goods (and possibly certain exportations). The customs duty due is usually based on the value of the imported goods. Subject to the Incoterms used, generally the importer is responsible for paying the customs duty.


VAT on UK imports as a non-established overseas business

If your business is not established in the UK and you intend to import goods for resale there, you need to consider your VAT compliance obligations. Your business is likely to be required to register for and pay VAT on the first import of goods and subsequent sale.


Tax planning services for entrepreneurs

Maximise your business potential with expert tax planning services As an ambitious entrepreneur navigating complex tax obligations while pursuing business […]