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Budget 2021: Putting tech at the core of the plan for growth


Budget 2021: Putting tech at the core of the plan for growth
This week’s UK government Budget represents a great opportunity to place tech and digital as the cornerstone of UK economic growth after Brexit
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Published: 01 Mar 2021
The March 2021 Budget provides an opportunity for the chancellor not only to continue to support those sectors hard hit by the pandemic, but also set out a plan for growth.
The tech sector has played a key role throughout the pandemic, from enabling office workers to transition quickly to remote working, to helping small businesses across the UK reach their customers when shops were closed. The tech sector will also be vital for economic recovery. Digital technology and innovation will be essential to drive the needed economic growth and productivity gains.  ....

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Time is running out to reclaim hundreds of thousands in overpaid customs duties


Introduction
As businesses prepare for the end of the Brexit transition period, they would be well advised to consider an overlooked source of income: overpaid customs duties.
With the Department of International Trade set to replace the free trade agreements (FTAs) that the United Kingdom has enjoyed as part of its EU membership, this article considers the last hurrah available under these agreements: the claim back of overpaid duties.
This article looks at why this is a viable proposition for UK companies, but warns that there may be a limited window of opportunity for such claims to be made. It also considers the need for businesses to consider their altered exposure to customs duties where the United Kingdom has not negotiated rollover FTAs, or they have expired, and in light of new UK FTAs, such as that with Japan. ....

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