Macalvins have been running the Payroll and Pension Plan for Hayes & Yeading United Football Club for over 10 years.… Read more
Bernard Bitmead
The exit from the EU has changed the framework around movement of goods, services, capital and people but the commercial flow continues.
The tax and regulatory work that supports European cross-border activity has grown more complex since Brexit and the cost of getting it wrong – in VAT registrations missed, customs positions misunderstood or permanent establishments created unintentionally – has grown with it.
Our specialist team supports UK businesses operating in continental Europe, European businesses operating in the UK and individuals with cross-border positions between the UK and a European country.
Through PrimeGlobal we work with member firms across the major European jurisdictions. The relationships are with named partners we have worked with before so the overseas input arrives quickly and to a known standard.
We have years of experience supporting European businesses and UK businesses looking to break into new markets on the continent.
Since Brexit, sales of goods to EU customers are treated as exports from the UK and the VAT position in the destination country depends on the type of sale, the customer and the value. Services to EU customers follow the place-of-supply rules. Most UK businesses selling into Europe at scale end up with VAT registrations in one or more EU member states. We work through which registrations are actually required and put the compliance in place.
Through PrimeGlobal we engage a member firm in each jurisdiction where local input is needed. The relationships are with people we have worked with before. We brief the local team, co-ordinate the input and bring the position together at our end so the client receives one joined-up advice rather than separate opinions from different firms.
Yes. UK entry work for European businesses is a substantial part of what we do. The work covers entity choice, tax and payroll registrations, banking, transfer pricing and the ongoing compliance through the first year. Our inbound services page covers the detail of how UK entry works.