Skip to main content
No. of Recommendations: 8
... to avoid issues driven by Brexit.

This advise apparently coming directly from the government paints the situation worse (for Britain) than expected even by Brexit-fatalists such as myself. It would negate all official pretense of the UK having struck a deal guaranteeing at least the free flow of physical goods with us currently merely observing 'teething problems':


British businesses that export to the continent are being encouraged by government trade advisers to set up separate companies inside the EU in order to get around extra charges, paperwork and taxes resulting from Brexit, the Observer can reveal. In an extraordinary twist to the Brexit saga, UK small businesses are being told by advisers working for the Department for International Trade (DIT) that the best way to circumvent border issues and VAT problems that have been piling up since 1 January is to register new firms within the EU single market, from where they can distribute their goods far more freely. ...

Referring to discussions with a senior DIT adviser on trade, Moss said: “This guy talked complete sense. What I said to him was, have I got another choice [other than to set up a company abroad]? He confirmed that he couldn’t see another way. He told me that what I was thinking of doing was the right thing, that he could see no other option. He did not see this as a teething problem. He said he had to be careful what he said, but he was very clear.”

Moss said it was now clear that Brexit was not about winning back control from the EU but investing in it to survive. ...


https://www.theguardian.com/politics/2021/jan/23/brexit-hit-...



A commercial cheesemaker in Cheshire has been left with a £250,000 Brexit hole in his business as a direct result of the UK’s departure from the EU on 1 January. Simon Spurrell said he has lost 20% of his sales overnight after discovering he needed to provide a £180 health certificate on retail orders to consumers in the EU, including those buying personal gift packs of his award-winning wax-wrapped cheese worth £25 or £30. He says he had hoped to take part in the “sunny uplands” promised by the government post-Brexit but has instead seen the viability of his online retail come to a “dead stop”. ...

To save his business he will now have to switch a £1m investment he was planning to make in a new distribution centre in Macclesfield to the EU, with the loss of 20 jobs and tax revenue to the UK.

“It is a real shame because that means I’m now going to invest in France, provide French employment, and then contribute to the EU tax system, which was pretty much going against the whole reason that we were meant to be leaving.” ...

https://www.theguardian.com/politics/2021/jan/23/cheshire-ch...
Print the post  

Announcements

This is a Politics Free Board
Politically charged posts are not permitted on the Metar Board. If you make a political post, and it is alerted, the post will be removed. Thanks!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.