The chancellor should bring forward the implementation date for “Import VAT Postponed Accounting” from 1 January 2021 to 1 May 2020, say leading tax and advisory firm Blick Rothenberg. Alan Pearce the firms VAT partner said: “This arrangement will allow importers to off-set import VAT via their VAT returns, rather than pay it upfront at […]
Alternative SME credit specialist Caple has helped Celestia Technologies Group (Celestia), an international space technology company, to access a €4m (£3.5m) eight-year unsecured cross border loan to support an acquisition and growth. Celestia’s British company, based in Oxford, will use the first loan of €3m (£2.6m) to support the development of a new satellite ground […]
BREAL Zeta Commercial Finance has structured a USD $10,000,000 export receivables finance facility to support the expansion of Sonan Bunkers (UK) Ltd. This transaction, which has an 18-month facility term, delivers more than double the quantum of Sonan’s previous finance facility. Established in 2014 to handle in house shipping fleets together with third-party broking and […]
