Risk Management

20th October 2015

Export Insurance: Mitigating export risk.
Whilst commercial banks and insurers will be your first source of support, if you can’t get export insurance from the private market, UK Export Finance may be able to help.  UK Export Finance is the UK’s export credit agency and is the operating name of the Export Credits Guarantee Department (ECGD) – therefore all guarantees carry the full credit and standing of HM Government.

What can UK Export Finance do for you?

They can reduce the financial risks of exporting, where the private market is unable to help. In particular:

  • They protect exporters – with insurance against non-payment by overseas buyers and against contract bonds being called unfairly, or for political reasons.
  • They facilitate finance and bonds– with guarantees to banks to reduce the risk of providing working capital loans and contract bonds for their exporter customers.
  • They guarantee or provide loans to overseas buyers – to finance the purchase of goods or services from UK exporters.

    https://www.gov.uk/government/organisations/uk-export-finance



 
Other items in Blogs
 
James Cater
28th June 2018 Understanding Tax Relief Restrictions

Although we hear of decline in the value of development land, particularly for larger developments, growing houses continues to be more attractive to many than growing crops. Onerous Section 102 levies may apply but the tax regime remains gentle. It should not however be assumed that tax reliefs will be available automatically. Legislation imposes qualifying…

Read More »

Vanessa Pearson
28th June 2018 Career Change? Think Contracting.

There are many benefits over employment, writes Whiting & Partners Contract Specialist, Vanessa Pearson   Changing careers can be a challenge but leaving the employment wage treadmill to become a contractor can increase your earnings, saving on tax and national insurance as well as providing more flexible working hours. Contractors are essentially self-employed individuals who…

Read More »

Daniel Coleman
28th June 2018 Making Tax Digital – Moving Your Company Forward

You, like many businesses have been successfully running for years, maintaining your books and records and submitting correct VAT returns, in turn ticking all the necessary boxes and satisfying HMRC. However, the introduction of MTD will mean a ‘shake up’ to your current methods and may require you to adopt software for the first time.…

Read More »

Philip Peters
28th June 2018 Trading Allowances Change

Do you remember when eBay first emerged and become a revolutionary trading platform for buying or selling and, yes, turning a profit? As social-media has expanded, so have trading websites to the extent that there’s hardly a town, village or group that does not have a ‘buy’n sell’ page.   HM Revenue & Customs have…

Read More »

Jaimie Lane
27th June 2018 Charity annual returns – changes ahead

Later this year The Charity Commission will introduce a tailored annual return which will include some new questions which may require preparation in advance. Overseas expenditure As these new questions will likely require additional preparation, they will be optional for 2018 but become mandatory for 2019 onwards: When spending money outside England and Wales, did…

Read More »

Vanessa Pearson
18th June 2018 Public Sector contractor wins IR35 case

HMRC have lost a second IR35 case this year, and their second case against the same contractor, putting into doubt their own understanding of the IR35 rules. Ian Wells, director of personal service company Jensal Software Limited provided his services to the Department of Work and Pensions via a recruitment agency during 2012 and 2013.…

Read More »