As a leader in the Kreston global network, we combine expertise with empathy to help you achieve your professional and personal goals.
When it comes to working internationally, our experience works in partnership with you and local experts around the world to ensure that your business is set for success.
We are a member of the Department for International Trade's (DIT) UK Investment Support Directory and have strong experience working with businesses internationally from Europe to North America to China to the Middle East.
As new markets develop, and technology evolves, business operates on an increasingly global scale. We use our network of local contacts to shape international solutions that are right for you and your business.
We're always looking to better understand the aspirations and experiences of businesses as they trade overseas.
Our recent research, commissioned May 2020, found that the biggest concerns for businesses trading internationally are tax, VAT and duties (23%), currency fluctuations (20%), and tariffs and trade barriers (19%). Red tape (18%), the cost of international trade (18%), logistics (17%), and getting paid (14%) are all very real barriers to international growth.
We can help you to build your strategy and ensure that your business is best prepared to meet the challenges of international trade so that you can maximise your returns.
You can find more about our international research in the following documents:
› Trading Internationally: A UK business perspective March 2020
› Trading Internationally: A post COVID-19 perspective July 2020
Giving his Summer Statement on 8 July, the chancellor announced a headline measure of VAT on food, accommodation and attractions being cut to just 5%.
There have been a number of significant changes in recent weeks, as shops and businesses begin to make the slow return to a “new normal” as lockdown eases.
To support businesses most affected by the COVID-19 crisis and subsequent UK lockdown, the government has announced a temporary adjustment to VAT rates for the hospitality, hotel and holiday accommodation sector from 15 July 2020 to 12 January 2021.
Kreston International, a global network of independent accounting firms, has appointed Duncan & Toplis’ head of tax advisory services, Mark Taylor, as its new Head of International Tax.
Amusement arcades and other businesses could be set for a tax rebate worth billions of pounds after a legal victory for the sector.