Shock as Torygraph realises that EU will now be third party

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

NotAllThere replied

23 August 2018, 10:32
Originally posted by scooterscot View Post

Have ordered a few goods from Switzerland over the years that are received here in Munich. Delivery is not complete until I pay the import tax there and then. So what some might say? It was a meaningful amount of money each and every time.

Only a few are prepared for what's to come.

Obviously I do things in the other direction. Amazon.de have developed processes where they add a nominal charge to cover the import taxes. If they over estimate they automatically refund to your credit card. If they under estimate, they take the loss themselves.
Leave a comment:
meridian replied

23 August 2018, 08:44
Originally posted by GreenMirror View Post

One can hope the duties imposed will be enormous.

The odd thing is that it shouldn’t be that difficult for the government to work the cost out.

The tariff schedules being proposed are essentially a copy and paste of the EU schedules. A Treasury wonk should be able to use the import stats from ONS for imports by country (EU) and by sector, cross-reference that against the proposed tariffs, and work out pretty much exactly what it will cost.

Businesses should be able to individually do roughly the same, and know what their extra costs will be (on top of the 20% cash flow change from VAT).

I suspect that the Treasury has already done this and it will be in the briefing papers being released starting this week, softening us all up to go for the Chequers deal instead.
Leave a comment:
scooterscot replied

23 August 2018, 08:42
Have ordered a few goods from Switzerland over the years that are received here in Munich. Delivery is not complete until I pay the import tax there and then. So what some might say? It was a meaningful amount of money each and every time.

Only a few are prepared for what's to come.
Leave a comment:
GreenMirror replied

23 August 2018, 08:12
One can hope the duties imposed will be enormous.
Leave a comment:
meridian started a topic Shock as Torygraph realises that EU will now be third party

23 August 2018, 08:10
Shock as Torygraph realises that EU will now be third party

https://www.telegraph.co.uk/politics...er-states-like

British businesses will be required to treat EU nations as "third countries" in the event of a no deal Brexit, declaring all imports from the continent and paying customs duties, The Daily Telegraph has learned.

Over two years in, and the Torygraph has only now learned that leaving the EU means that other EU member states will be third parties.

The state of journalism in this country....
Tags: None