Business Support Measures Extended The Irish government has announced the extension of the Business Support Measures. The extension of the two schemes intended to support businesses during this public health crisis while also pushing back the VAT Return of Trading deadline due to the recent reduction in the headline VAT […]
Tag: financial news
Ireland and E-commerce VAT Reforms
Ireland and E-commerce VAT Reforms The European Commission and Revenue have released new guidance for digital platforms, online retailers and online marketplaces on the E-commerce VAT rules that are set to be introduced from July 1st, 2021. Under the reforms, online marketplaces and platforms that facilitate supplies of goods to […]
Post Brexit “Continuity Trade Deal” between Canada and the UK
Post-Brexit “Continuity Trade Deal” between Canada and the UK In short, the Continuity Trade Deal will allow Canada and the UK to trade, post-Brexit, under the same terms provided by the CETA on a bilateral basis. This interim agreement was announced back on November 21st 2020 and came into effect […]
VAT-Free Shopping Withdrawn by the UK for International Travellers
VAT-Free Shopping Withdrawn by the UK for International Travellers In September 2020 it was confirmed that the VAT Retail Export Scheme is to be withdrawn from the 1st of January 2021. VAT-Free Shopping Withdrawn by the UK for International Travellers is in line with when the Brexit transition period will […]
City Trust Branching out to Russia & Central Eastern Europe
City Trust branching out as it launches the Russian language version of its website to facilitate interest from Russia and Central Eastern Europe. City Trust & Corporate Services has just launched a Russian version of its website to further meet demand from Russia and parts of Central Eastern Europe in […]
Russian De-Offshorisation Law to Impact Foreign Controlled Companies
The Russian Government is introducing new regulations to its tax code which will have important implications for Russian tax residents (both individuals and business) who are deemed to have controlling interests in foreign companies and entities, or Controlled Foreign Companies (CFCs). The Russian De-Offshorisation law, signed into the act on […]