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Edwin Hayward 🦄 🗡 Profile picture
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8 Jan, 5 tweets, 2 min read
Here's the infamous cheese bait-and-switch Liz Truss tried to perpetrate in the trade deal with Japan.

Ooh, the UK has access to the same tariff rate quotas as it did in the EU deal...

except that now we only get to lick the EU's plate clean.
gov.uk/guidance/summa… Image
In other words, if EU producers use up these quotas in any given year, the UK's share is a big fat zero.

Seems the most obvious thing in the world, if you're an EU company, to want to use those juicy quotas up.
Of course, we can still sell stuff even if there's no quota left, so it doesn't in theory stop trade... but then the importers buying from us have to pay huge tariffs.

Hardly an appealing proposition.
Oh, and by the way, there may be an added wrinkle too...
Here's a great explanation of how it works in practice...

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More from @uk_domain_names

Edwin Hayward 🦄 🗡 Profile picture
8 Jan
[THREAD]
The best argument against Brexit has always been Brexit. Reality, in huge doses, is the only thing that can't be faked or concealed or lied about.

Many Leavers will be waking up to that reality now, or very soon. See for example the desperate fishermen (genuinely sad).
As Brexit reality cuts through years of indoctrination by right-wing media & social media information bubbles, we stand at a crossroads.

The visceral emotional response - born of years of frustration & anger - is to feel glee at their plight. "They deserve what they voted for."
The pragmatic response is to realise they've reached a point of vulnerability & acknowledge their pain (as well as Brexit, its source).

I don't feel glee at seeing fishermen complain their catch is rotting on the deck, only profound sadness that it took *that* to convince them.
Read 4 tweets
Edwin Hayward 🦄 🗡 Profile picture
8 Jan
There is a notion in Remain circles that everyone had access to all the facts of Brexit, weighed them up, THEN decided to ignore them.

Reality's more prosaic: the massive Brexit bias in the media ensured millions were ill-informed. But they also didn't know they didn't know!
This isn't about stupidity or lack of education. It's about being in an information bubble without realising it.

Happens all the time on Twitter and Facebook: social networks surface material by *people who think like you*. Why? Because that's most likely to sustain discussions.
When you have the Express, Sun, Daily Mail etc. all amplifying the lies of prominent Brexiters, and the "neutral" media creating false balance by giving equal voice to both sides, that's a recipe for disinformation on a mass scale. As indeed was the case during the referendum.
Read 8 tweets
Edwin Hayward 🦄 🗡 Profile picture
6 Jan
Things are kicking off around the US Capitol building, as thousands of Trump supporters pour in, and hundreds smash through the police barricades outside. CNN is covering it (Google "CNN Live" if you want to watch online).

Not looking good. 😬
Here's a shot of them storming the back of the building...
The protesters are now inside the building! 🤯
Read 4 tweets
Edwin Hayward 🦄 🗡 Profile picture
5 Jan
Some real-life examples of websites which aren't working because .eu domains belonging to UK entities have been suspended. (Brexit, don't you know...)
bikefactory.eu
charnockbates.eu
paperchase.eu
coodes.eu
themudhugger.eu
A few more (there will be thousands, as over 80,000 .eu domains are registered by UK entities)
lordwandsworth.eu
bristowsutor.eu
lakelandleather.eu
stonewarehouse.eu
therugseller.eu
rainhamsteel.eu
chameleonstudios.eu
The owners of the domains have 3 months to transfer ownership to a EU entity, or lose them entirely.

(This is a known problem, even if it wasn't widely communicated. I warned about the issue in my book 'Slaying Brexit Unicorns', which came out in October 2019.)
Read 6 tweets
Edwin Hayward 🦄 🗡 Profile picture
4 Jan
If you want to understand the vigour with which the UK Government has shot businesses in the foot with the VAT changes, look at the distance selling EU VAT thresholds... All set at €35,000+.

By contrast, the new UK law has NO MINIMUM.
avalara.com/vatlive/en/eu-…
That's right. Even the smallest EU micro-business is expected to register with HMRC, collect 20% VAT from UK customers, file VAT returns with HMRC, remit the VAT periodically to HMRC, and keep all records for 6 years.

Or, you know, not sell to them...
gov.uk/government/pub…
And the changes don't only apply to EU businesses. Oh, no, that wouldn't be nearly destructive enough!

No, any business anywhere in the world wishing to sell to UK consumers will have to face the same red tape hurricane.
Read 10 tweets
Edwin Hayward 🦄 🗡 Profile picture
4 Jan
For EU firms selling to the UK

Before 1 Jan 2021
- Pop stuff in a box and ship

After 1 Jan 2021 (Brexit + VAT law changes)
- Register for UK VAT with HMRC
- Charge UK customers 20% VAT
- Prepare multiple customs forms and other documentation
- Ship

[continues in next tweet...]
- File VAT reports with HMRC
- Remit VAT to HMRC
- Keep VAT records for 6 years

(Above true even for goods <£15, because VAT exception was abolished.)

It's easy to see why so many firms have now written the UK market off. Here are hundreds of examples...
docs.google.com/spreadsheets/d…
NOTE: Firms in the rest of the world have the new VAT rules to contend with too, but they were already doing customs paperwork so Brexit didn't add to that burden.
Read 5 tweets

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