Gemma Lee handed hefty tax bill for lifesaving 'miracle' drugs because of post-Brexit rules
13/04/2022
A terminal cancer patient has been handed a hefty tax bill for her "miracle" lifesaving drugs, because of changes to how VAT is charged post-Brexit.
Greg Hands was asked why Michael Gove made the promise if it is now considered a bad move.
How Brexit is Levelling Down Luxury Brands
31/01/2022
Britain’s economic and cultural prowess is suffering due to post-Brexit tax changes, reports Sascha Lavin. / As the Government publishes a 100-page ‘benefits of Brexit’ paper today, luxury brands are calling on Boris Johnson to rethink a post-Brexit policy that is harming their international competitiveness.
Liz Truss faces backlash on Australia trip over plans to hike UK taxes on wine from Down Under
21/01/2022
Foreign secretary Liz Truss is facing a backlash from Australian wine producers during her trip Down Under, amid complaints that any benefits from a post-Brexit trade deal will be more than wiped out by proposed changes to UK taxes on alcohol.
Wine trade fury at Sunak tax plan that will force up prices and create ‘unworkable’ red tape
09/01/2022
Industry condemns ‘simplification’ of duty touted by Boris Johnson as key benefit of Brexit.
There are fears that the cost of carrying out extra Brexit border checks may fall on island ratepayers unless more cash is forthcoming from central Government.
For 2021, national tourist board Visit Britain has forecast that visitor numbers will be lower even than in 2020, when travel restrictions were at their highest.
British luxury retailer Matchesfashion has been hit hard by COVID-19 and Brexit, its Companies House filings revealed.
Boris Johnson ‘hung up’ on trying to prove Brexit was good and flight tax change meaningless, government’s climate adviser says
31/10/2021
Rishi Sunak's cut to tax on internal UK flights in Wednesday's Budget was an example of the government trying to prove Brexit was a good idea, a top climate adviser has claimed.
Government slashed domestic flight taxes ‘to prove Brexit was a good idea’, says top climate adviser
31/10/2021
The decision by Rishi Sunak to cut domestic flight taxes was met with opposition by climate groups and Labour figures
The Office for Budget Responsibility suggested leaving the EU would reduce the UK's long-term GDP by around 4% - compared to 2% for the pandemic and lockdowns.
The independent Office for Budget Responsibility has calculated that the scarring effect of covid lockdowns on the UK economy is only half of what it has cost the UK to leave the European Union.
Vote a boost for reformers and reflects desire to rein in super-rich after Pandora paper revelations.
Next boss, thinktanks and unions criticise Boris Johnson, saying ‘shortages cannot be blustered away’
BREXIT and the pandemic are fuelling a surge in interest from multi-millionaires in moving to the Island – with Jersey this year set to record one of its highest numbers of new ‘high-value’ residents.
It was billed as the rebirth of British business — a chance to build a brighter commercial future, free of costly bureaucracy. But Brexit is proving far from profitable for many UK small and medium-sized enterprises (SMEs).
UK officials admit some markets to be subject to duties under post-Brexit deal terms - FT
10/05/2021
Companies in freeports in Britain will not get to enjoy the full benefits of the new tax-efficient zones if they are exporting to certain countries including Canada, Norway, Switzerland and Singapore, the Financial Times reported on Sunday, citing government officials.
Brexit… out of fashion in Somerset
04/05/2021
It would be fair to say that businesses in Somerset are now really starting to feel the effects of Brexit and our new trade deals with the EU and the rest of the world. From all the businesses I have spoken to so far the effects have ranged from bureaucratic nightmares with unnecessary paperwork and extra costs to complete shutdowns of exports.
Vote Leave chief Matthew Elliott, who is credited with several successful political crusades, is on the Free Market Forum's advisory board
For many sellers on Amazon, Brexit is causing significant problems. Last week my company decided to attempt our first shipment into one of Amazon’s European fulfilment centres since Britain left the European Union on 1 January 2021.
New delays to post-Brexit import controls announced despite tax evasion and smuggling fears
11/03/2021
Businesses had warned of Northern Ireland-style disruption to trade if yet more red tape was imposed.
Brexit was hailed as an escape from the ‘red tape’ of the EU, however ecommerce businesses are learning that selling into the EU comes with more Brexit red tape than they ever had to deal with before.
New visa rules, taxes and transport restrictions are some of the hurdles British dance and theatre organisations must now overcome to tour Europe.
Brexit may kill London as a luxury shopping destination, with scrapping of tax rebate on purchases likely to put off international customers
08/02/2021
Worried that EU visitors post-Brexit would start claiming back value added tax on luxury purchases, the UK scrapped its rebate on the tax. / This makes the UK the only country in Europe not to offer such a rebate and makes Paris and Milan more attractive, as customers can save thousands of euros.