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Import firewood into England, Scotland or Wales
Find out how to import firewood, such as logs and kindling, into England, Scotland and Wales (Great Britain).
How to check if you can delay customs payments and declarations
If you’re a business that currently buys goods from or sells goods to countries outside the UK, or are planning to trade with Europe from January 2021, HMRC’s new tool can help you identify ways you might be able to make the customs process easier for cheaper for your business. This short video shows you how to use the tool.
How can a customs intermediary or agent help me?
If you’re a UK business thinking about moving goods into or out of the UK , this video is here to help you understand how customs intermediaries or agents can help you. For more information have a look at the guidance available on gov.uk.
What are commodity codes?
If you're buying or selling goods abroad, you need to work out the amount of duty or VAT you owe. This short video tells you how to find out the ‘commodity code’ classification for your goods, using our Trade Tariff tool. Find out more on GOV.UK
What are controlled goods?
You’ll need a licence to import or export certain types of controlled goods. You may also need to pay extra duty in the UK. Unsure if this applies to your goods? This short video explains more about the types of goods that are classed as controlled. Find out more on GOV.UK
US Citizens Form Bee-line in UAE Free Zones to Set Up Companies
Have UAE Residency Visa and Offshore Bank Account
UAE is a young country with ultra modern infrastructure, stable political environment, high level of personal safety and security, safe and secure banking system, air -connectivity to all parts of the world and second home to citizens of 160 countries in the world.
US Citizens, upon establishing residency in foreign country, are able to take advantage of “Foreign Earned Income Exclusion” provision.
US Citizens are taxed on their income, wherever they live and work. The only exemption is that non-resident US Citizens (US Citizens living abroad) can have tax free income up to a certain amount each year. This tax free income tariff varies each year. In 2015, it was $100,800 and it increased to $101,300 in 2016 and $102,100 in 2017. So, a US husband & wife can set up company in UAE and both can earn salary tax free up to 102,100 X 2.
Note: To qualify for the Foreign Earned Income exclusion, US Citizen should be bona fide resident of a foreign country
Article supplied by AURION