Move to EU to avoid Brexit costs, firms told

Exporters advised by Department for International Trade officials to form EU-based companies to circumvent border issues

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.

Continue reading…

Next Post

Sturgeon: SNP will hold Scottish independence vote if it wins in May

Mon Jan 25 , 2021
First minister says she will hold advisory referendum, whether Westminster consents or not Nicola Sturgeon has said she will hold an advisory referendum on independence if her Scottish National party wins a majority in May’s Holyrood elections, regardless of whether Westminster consents to the move. Her party is setting out […]

You May Like