What Is the Rule Change in VAT Treatment in the UK for Overseas Sellers?

The HM Revenue & Customs in the UK has developed a new VAT treatment system for overseas sellers. Here are some of the highlights of the rule changes applicable from 1st January 2021. • The £15 Low Value Consignment Relief that existed even until last year won’t be applicable anymore. Overseas sellers must pay VAT on all […]

What Will Be The Changes in the UK VAT for Overseas Goods Beginning 1 January 2021?

On December 31, 2020, the United Kingdom finalized its plan to depart from the European Union after months of negotiations to define the future relationship between the UK and the EU. From tariffs to free trade deals, many changes will happen with Britain’s economic and social policies after the country’s departure from the EU. These […]

Everything You Need to Know About VAT Treatment of Overseas Products From 2021

The UK government has come up with a new VAT system for overseas goods. These changes will ensure that the UK treats both EU and non-EU countries equally and UK businesses do not face any disadvantages to competing with VAT-free imports. Additionally, the new system will also improve the efficiency of VAT on imported products. […]

3 Different Ways to Connect WooCommerce to Xero

Xero is undoubtedly one of the best online accounting software applications that exist right now. It not only gives you a clear financial overview but also helps to set a budget for marketing and advertisement costs, provides approximate ROI on marketing, and even budget your sales. This software is so advanced that it considers international […]

Everything You Need To Know About Ecommerce Accounting Brisbane

Starting your very own online business is an exciting affair for any entrepreneur. With an ecommerce store, your products and services will be available to your customers all day and night, as well as all year-round. You will also have the opportunity to expand your customer base from locals to international customers if you so […]