"Shock Brexit charges are hurting us, say small British businesses"

- £4.50 "Brexit charge": paperwork fee
- £5 "deferment account fee": courier fee for pre-paying import charges
- €14+ "disbursement charge": parcel inspection/processing fee

Good golly!
theguardian.com/politics/2021/…
All those fees are layered on top of any actual tariffs, destination country VAT, Brexit shipping surcharges etc.

And then of course there's the shipping fee itself.
Basically, every link in the chain is demanding a supplementary payment for the time/hassle/extra effort of dealing with Brexit.

Genius stuff.

Brexit Kills Business.
Oh, and by the way, all those extra fees include 0 minutes for the original firm to prepare the extra information that will be needed for all the documentation.

In practice, that will drag their employees away from other work. And that has a cost too.

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More from @uk_domain_names

18 Jan
The big fishermen's protest in Downing Street is starting to make headlines.

(Let's hope there's plenty of focus on the lorry that turned up with "Brexit Carnage!" plastered across it.)
Read 4 tweets
18 Jan
Wow! Looks like the Scottish fishermen have moved to direct action, with a convoy of lorries at Westminster... facebook.com/onlywayisdutch…
Wonder if the Express will choose to go with a photo of the one with "Brexit Carnage" plastered across it? 😂
They threatened it last week - now they're carrying out that threat.

Will it make it onto the BBC News? 🧐
Read 5 tweets
17 Jan
Brexit Kills Business...

Here are 250+ examples of firms that have stopped serving the UK/NI/EU markets, or which have been forced to make major changes to their business models as a direct result of Brexit.

How much more evidence do you need?
docs.google.com/spreadsheets/d…
NOTE: For each business, I have included the firm's own explanation, taken verbatim from their website or blog.

It's like reading autopsy reports. Just tragic!
Remember: "free" in "free trade deal" refers to there being no tariffs.

It doesn't mean "friction-free": there are massive complex, time-consuming non-tariff barriers.

It doesn't mean "costless": there are extra fees for admin, collecting taxes & fees, shipping surcharges etc.
Read 5 tweets
15 Jan
"'Shelves are half empty!': Shoppers despair as Brexit border chaos leaves shortages of salad, fresh veg, frozen food, wine, beer, and fruit"

The Daily Mail is dishing out hefty dollops of Brexit reality on a daily basis now...
dailymail.co.uk/news/article-9…
"Scottish seafood firms are 'days from collapse' due to Brexit border chaos - as langoustine fishing boss threatens to dump TONS of rotting stock outside Downing Street if crisis isn't resolved"

Not one but two buckets of Brexit reality from the DM today.
dailymail.co.uk/news/article-9…
"Government will use post-Brexit shake up of workers' rights to ‘stimulate business growth’ amid claims 48 hour working week could be scrapped and holiday and legal requirements for breaks will be overhauled"

By golly, there's a third article today...
dailymail.co.uk/news/article-9…
Read 4 tweets
15 Jan
"£34bn Brexit VAT bill pushes companies to the brink"

UK companies are having to find massive amounts of cash to pay new VAT bills on their exports, as a result of Brexit.
uk.finance.yahoo.com/news/brexit-va…
Why? It's COMPLICATED. This blog post explains it extremely well.

Short-n-sweet version: any firm which doesn't want to annoy their clients (probably fatally) by making them do all the paperwork & cover EU VAT will have to take on the task & cost itself.
avalara.com/vatlive/en/vat…
Here's an example of the other side of the equation (the case of Ireland).

As they point out, the VAT on imports is due immediately at the point of import, unless the trader signs up for deferred payment (which buys them a few weeks grace).
revenue.ie/en/vat/goods-a…
Read 7 tweets
15 Jan
Before Brexit, the burden of the infinitesimal amount of red tape required to export to the EU in commercial quantities fell entirely on the exporter.

But now, the hyper-convoluted system requires the importer receiving the goods to jump through a number of complex hoops too.
In other words, the UK firm can be as ready as it likes. But if it can't persuade its counterpart to take all the right steps in just the right order too, the goods won't get through.

(Same logic applies in reverse to EU firms selling into the UK)

No wonder there are no queues!
HMRC's official estimate for the annual cost of Brexit red tape is £7.5 billion for UK firms... and another £7.5 billion for EU firms.

Thing is, UK firms now have no choice. The mountain of red tape is required no matter who they trade with, anywhere!

gov.uk/government/pub…
Read 4 tweets

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