HMRC has advised VAT-registered businesses to start preparing now for changes to EU trading rules set to come into effect from 1 January 2021. Meanwhile, business groups, including the Confederation of British Industry (CBI) and the Association of Independent Professionals and the Self-Employed (IPSE) have welcomed the government's announcement of cash grants for businesses affected by local coronavirus (COVID-19) lockdowns. HMRC urges VAT-registered businesses to prepare for