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Latest Legal News

Latest Legal News

No-Deal Brexit - VAT Do You Do Next?

Ronnie Brown

Along with a number of others, a paper on the likely VAT regime that the UK would face after a no-deal Brexit has been published by the Government on 23 August 2018.

There are various points to note. 

Firstly, we will still have VAT after March 2019!

Genuine concerns that VAT would be payable on EU goods at point of import have been allayed. Postponed accounting for import VAT will apply to imports from the EU and, as added “bonus”, from the rest of the world too, which means VAT will paid on both through quarterly or monthly VAT returns instead.

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LChalmers

State Aid And A No Deal Brexit - Everything Changes, Everything Remains The Same

The UK Government recently issued a total of 10 guidance notes, being the first of a series of notes on the potential effects of a “no deal” Brexit. The note “explains to state aid givers and beneficiaries how the state aid rules will apply in the United Kingdom in the unlikely event that the UK leaves the EU in March 2019 with no agreement in place.”

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Burness admin

Beware The Golden Handshake: Considering Pay-outs to Senior Charity Staff in Scotland

The Charity Commission for England and Wales has issued an official warning to the RSPCA in respect of a pay-out made to its former acting chief executive.  The Times – whose report led to the Commission’s warning - has stated that the payment was “far bigger” than his annual salary, and that the settlement payment was made following Mr Ward stating that he was a victim of age discrimination resulting in his position not being made permanent.

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Burness admin