³ÉÈËÓ°Òô

Tax News

Brexit Bulletin—provisional application extended as Council requests European Parliament’s consent to conclude the TCA

Published on: 01 March 2021
Published by a

Specialist Tax Regulatory Materials

news-detailpage-img

Article summary

The Council of the European Union has formally requested the European Parliament’s consent to its decision on the conclusion of the EU-UK Trade and Cooperation Agreement (TCA), and associated agreements reached between the EU and UK at the end of the Brexit transition period. The European Parliament’s consent will pave the way for the Council’s adoption of the decision on the final conclusion of the agreements, marking the last steps in the EU’s ratification of the agreements and allowing their full entry into force. In the meantime, following its adoption, the TCA Partnership Council’s decision extending provisional application of the TCA until 30 April 2021 entered into force on 26 February 2021. The decision has been published in the Official Journal of the European Union (OJEU).

Jurisdiction(s): England, Northern Ireland, Scotland, Wales and European Union

Popular Articles

Allowable expenses for property businesses

Allowable expenses for property businessesGeneral itemsMany of the principles applying to allowable expenses for property businesses are similar to those that apply for trading and the rules for individuals in a property business are generally the same as for companies with some exceptions which are

14 Jul 2020 13:26 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax Read more Read more

SEIS and EIS ― overview

SEIS and EIS ― overviewThe seed enterprise investment scheme (SEIS) and enterprise investment scheme (EIS) are very similar schemes which offer substantial tax incentives to investors in companies which qualify. The tax incentives for SEIS and EIS investments are intended to encourage investment in

14 Jul 2020 13:31 | Produced by Tolley Read more Read more

Reverse charge ― buying in services from outside the UK

Reverse charge ― buying in services from outside the UKThis guidance note covers the reverse charge that applies to services that have been bought in from outside the UK. For an overview of VAT and international services more broadly, see the International services ― overview guidance note. For

15 Dec 2020 14:02 | Produced by Tolley Read more Read more