Navigating EU Tax Obligations for Aerospace Businesses

In this episode of the North West Aerospace Alliance News, Daniel and Emma discuss the latest HMRC guidance aimed at helping UK businesses understand their tax obligations in the EU. This is especially relevant for aerospace companies exporting to or operating across the EU. The guidance covers key areas such as VAT, corporation tax, and other applicable taxes. Emma and Daniel highlight the availability of the guidance on the HMRC website, the dedicated helpline (0300 123 4567, open Monday to Friday from 9am to 5pm), and the option to sign up for a newsletter to stay updated on tax changes. They also mention additional government support measures, including the EU Exit Readiness Fund and the Brexit Support Service, which offer financial aid and free advice on tax, trade, and employment issues. The hosts encourage aerospace members to review the guidance carefully and utilize the available resources to stay informed and compliant. As always, the North West Aerospace Alliance remains committed to supporting its members through these challenges.