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News

News

Keep up to date with the latest Dains news and industry insights right here in our news section.

Keep up to date with the latest Dains news and industry insights right here in our news section. Keep up to date with the latest Dains news and industry insights right here in our news section.


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Working hard in the Midlands to try and get more financial support for businesses

Published by Steve Rogers, Partner on 17 February 2021

We are concerned about the plight of the smaller businesses across the UK including the c. 3m who are not eligible for the government’s existing grants, and have therefore been excluded from the financial support measures thus far during COVID-19. [...] Read More

The Percy Pig Problem and the Warehousing Solution

Published by Terri Bruce, Director of VAT & Customs on 27 January 2021

You may have seen in the news that Percy Pig became an unexpected, early casualty of Brexit as import duty became chargeable on supplies made into the Republic of Ireland (“ROI”) from the UK. The reason for this is that Percy Pigs are manufactured in Germany and then imported into the UK before being moved back into the EU. [...] Read More

Do you know your Incoterms?

Published by Terri Bruce, Director of VAT & Customs on 26 January 2021

Don’t be fooled into thinking that with a trade agreement in place between the UK and the EU that we have frictionless trade. Brexit created a hard tariff border around the UK and with it, rafts of paperwork and additional administration. [...] Read More

Supreme Court Upholds Decision in FCA's Covid-19 Business Interruption Test Case

Published by Emma Wallace, Forensic Director on 15 January 2021

The Supreme Court has handed down its judgement today in the Financial Conduct Authority (“FCA”)’s business interruption insurance test case. The Court’s findings are substantially in favour of the policyholders. [...] Read More

Has Your Local Business Been Forced To Close?

Published by Richard McNeilly, Partner on 23 December 2020

The Local Restrictions Support Grant (LRSG) is a business support grant to help businesses that have been forced to close due to lockdown restrictions. [...] Read More

VAT Accounting for the Construction Industry - New Rules from 1 March 2021

Published by Terri Bruce, Director of Indirect Tax for SMEs and Not for Profits on 23 December 2020

Businesses working in the construction industry may have to change the way in which they account for VAT on sales and purchases with effect from 1 March 2021 when HMRC introduce the Domestic Reverse Charge (“DRC”). [...] Read More

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