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How to create invoices for transactions in foreign currencies and convert them into pound sterling when you account for VAT.
How to tax a beneficial loan arrangement for a director or employee.
The Currency of Invoice for UK trade with countries outside the EU was collected under EU legislation from 2010 to 2020. It is being collected for all trade declared via Customs systems under UK legislation for 2021 onwards.
Find the currency codes to be used with Data Element (DE) 4/10 of the Customs Declaration Service (Appendix 11).
Find out which rates of exchange to use to work out the customs value of your imported goods if any invoice amounts are shown in a foreign currency.
UKEF can guarantee a buyer credit loan to an overseas borrower in local currency, financing the purchase of capital goods, services and/or intangibles from a UK exporter.
The G7 has today published a set of Public Policy Principles for Retail Central Bank Digital Currencies (CBDC) alongside a G7 Finance Ministers and Central Bank Governors’ Statement on CBDCs and digital payments.
Find out the rules to establish the country of origin of imported and exported goods and to help identify goods which qualify for lower or no Customs Duty.
The essential information for British nationals residing or visiting Morocco, including entry to Morocco, driving in Morocco and Moroccan residence cards.
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