Aberdeen MSP issues fresh independence call after Brexit 'costs city more than £90million'
05/11/2022
Data from HMRC shows that the value of Scottish exports has fallen by more than £2.2billion in the past two years.
U.K. companies exporting into the European Union will have to wait for permission from tax authorities before they can move their goods under plans being drawn up by the government.
A crucial part of HM Revenue & Customs (HMRC)’s IT system that will monitor import and export goods after Brexit, will not be ready to operate independently of the system it is been designed to replace, MPs warned this week.
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.
HMRC says millionaire owes money for inheritance tax liability on Ukip donations.
Around 2,300 tax compliance staff – nearly a tenth of that workforce – were redeployed in 2021-22.
Over 1,000 staff were redeployed to deal with the fall-out from leaving the EU. Now, the financial consequences are coming to light.
Civil servants ‘being moved from one crisis to another’.
The number of UK businesses exporting to the EU fell by a third in 2021, new figures revealed.
Brexit Delays Spark Rush for Warehouse Space
11/11/2020
Bonded customs warehouses are in demand to manage duties / U.K. firms exporting food to Ireland snap up Dublin storage
While businesses struggle with the red tape of no-deal planning, ministers are busy with commemorative coins.
The U.K. government has spent at least 4.4 billion pounds ($5.7 billion) preparing for Brexit since the 2016 referendum, according to figures released by the National Audit Office.
UK’s exit from EU has seen overseas residents’ bank accounts closed – leading to ‘big problems’ accessing savings.
Customs duties rose to record £2.2bn in first six months since trade deal came into effect on 1 January.
An additional £600m in costs hit British importers since Brexit came into force, taxes which were not required when Britain was in EU's single market.
Britain’s government has spent at least 4.4 billion pounds of taxpayers’ money on preparations to leave the European Union, the public spending watchdog said on Friday, in the first detailed estimate of the cost of Brexit.
British companies trading with Europe will have to absorb a post-Brexit bureaucracy burden and fill in an extra 215m customs declarations at a cost of about £7bn a year, according to government officials.
Industry body says analysis of HMRC data shows structural rather than teething problems with Brexit.
Businesses to face billions in customs declarations costs from 1 January under Government’s new Brexit border control plans
13/07/2020
Around 10 to 12 inland posts, five of which will be in Kent, are expected to be required to process goods coming in and out of Great Britain.
Businesses would have to spend £15bn a year on filling out customs forms if there is no-deal Brexit, HMRC document says
08/10/2019
Leaving EU without a deal will result in 'significant new and ongoing administrative burden' of firms filling out 215 million customs forms a year, assessment finds.
Anyone ordering goods from the EU in 2021 has likely come in for a nasty shock to the wallet.
UK trade volumes have been “suppressed” by the impact of Brexit and Covid-19 and the impact of new customs agreements on businesses is “concerning”, according to MPs.
Rishi Sunak reportedly planning to open bidding for towns, cities and regions to become designated zones where UK taxes and tariffs will not apply.
Treasury committee says confidence in preparations has collapsed amid customs chiefs’ doubts that IT system will be ready. There will be a fivefold increase in customs checks at Dover and other UK ports after Brexit, an influential group of MPs has found.
HMRC figures reveal huge year-on-year falls in trade, with whisky, cheese and chocolate worst hit.