So Brexit seems to be a good thing then.
#6332
Scooby Senior
There does appear to fair few companies deciding its hardly worth trading with europe or the other way round
lets hope the brexit pledge of trading with usa / china / anyone else picks up soon to take up the slack
or bonkers boris liable to last less time than trump / nige
lets hope the brexit pledge of trading with usa / china / anyone else picks up soon to take up the slack
or bonkers boris liable to last less time than trump / nige
All a trade deal does is cut tariffs, but its not usually the tariffs that are a blocker for small businesses to trade internationally, its the extra admin that makes it not worth while. The fact that so many companies were simply not trading outside the EU before shows just how valuable membership of the single market was compared to free trade deals!
#6333
Scooby Senior
Is the port closing? Is there some official news I missed?
While the UK was busy pretending Brexit would have no effect, Ireland have been busy expanding the port of Rossiare and improving the corresponding transport links to the port in preparation for bypassing the UK. If Hollyhead is struggling now, its only going to get worse as the Rossiare improvements come online later this year!
While the UK was busy pretending Brexit would have no effect, Ireland have been busy expanding the port of Rossiare and improving the corresponding transport links to the port in preparation for bypassing the UK. If Hollyhead is struggling now, its only going to get worse as the Rossiare improvements come online later this year!
#6334
Moderator
iTrader: (1)
There's zero point trading goods outside the EU if you buy in all of your wholesale or components from outside of it from somewhere like China (as common as that is for consumer goods); Other companies outside the EU will be doing the very same thing (possibly even using the same wholesaler/manufacturers) making the extra admin a non-competitive situation.
The "distribution warehouse" trick is a workaround; Whereby companies exist that are dedicated to the admin and fulfilment of orders to customers within that country on behalf of the seller.
Not saying it's ideal but that's how the Chinese often do it.
What I'm fascinated by is something with little mention; HMRC's bottom line tax revenue. There's a lot of changes, not just from Brexit, but also with UK companies on how VAT can be passed on/claimed by subcontractors. Combine this with reform with a huge economic shift from covid and it'll be interesting at what actually end up in the coffers. The fact is HMRC reforms were long over due and these economic changes have forced through reforms and plug some gaps in their sieves.
I'm a pessimist so I know it'll all go to s**t...it would have done so eventually regardless of covid or Brexit, but these have pushed things along faster so rather than a slowly eroding loss that doesn't get noticed maybe just maybe the big shift caused by the above will see government take notice and make proper reforms.
Or it could all go swimmingly and the UK can drop its VAT rates as a incentive....wow....did I just see a 747 full of pigs fly past.
The "distribution warehouse" trick is a workaround; Whereby companies exist that are dedicated to the admin and fulfilment of orders to customers within that country on behalf of the seller.
Not saying it's ideal but that's how the Chinese often do it.
What I'm fascinated by is something with little mention; HMRC's bottom line tax revenue. There's a lot of changes, not just from Brexit, but also with UK companies on how VAT can be passed on/claimed by subcontractors. Combine this with reform with a huge economic shift from covid and it'll be interesting at what actually end up in the coffers. The fact is HMRC reforms were long over due and these economic changes have forced through reforms and plug some gaps in their sieves.
I'm a pessimist so I know it'll all go to s**t...it would have done so eventually regardless of covid or Brexit, but these have pushed things along faster so rather than a slowly eroding loss that doesn't get noticed maybe just maybe the big shift caused by the above will see government take notice and make proper reforms.
Or it could all go swimmingly and the UK can drop its VAT rates as a incentive....wow....did I just see a 747 full of pigs fly past.
Last edited by ALi-B; 22 January 2021 at 10:11 AM.
#6335
Scooby Regular
400 person wedding , 10k fine
We are just not quite serious !
we got no chance
next time they can take their 500 quid spending cash
We are just not quite serious !
we got no chance
next time they can take their 500 quid spending cash
Last edited by IdonthaveaScooby; 22 January 2021 at 01:38 PM.
#6337
Scooby Regular
Is the port closing? Is there some official news I missed?
While the UK was busy pretending Brexit would have no effect, Ireland have been busy expanding the port of Rossiare and improving the corresponding transport links to the port in preparation for bypassing the UK. If Hollyhead is struggling now, its only going to get worse as the Rossiare improvements come online later this year!
While the UK was busy pretending Brexit would have no effect, Ireland have been busy expanding the port of Rossiare and improving the corresponding transport links to the port in preparation for bypassing the UK. If Hollyhead is struggling now, its only going to get worse as the Rossiare improvements come online later this year!
The poor mites will just have to rely on Boris's Singapore on Thames trickle down effect
#6338
Scooby Regular
#6339
Scooby Regular
12 mile exclusion zone off of a french island ? ..Just taking the micky
Fishing tensions erupt: Furious MEPs blast EU as Jersey BANS French vessels from waters (msn.com)
Fishing tensions erupt: Furious MEPs blast EU as Jersey BANS French vessels from waters (msn.com)
#6340
Scooby Regular
iTrader: (1)
12 mile exclusion zone off of a french island ? ..Just taking the micky
Fishing tensions erupt: Furious MEPs blast EU as Jersey BANS French vessels from waters (msn.com)
Fishing tensions erupt: Furious MEPs blast EU as Jersey BANS French vessels from waters (msn.com)
Jersey can do what it likes with its own waters
#6348
Scooby Regular
iTrader: (1)
Dont make me laugh, dont you have an ISA, pension? These are forms of tax avoidance. Companies and wealthy individuals use tax avoidance. Governments are extremely poor at management of our money. Wasteful. Id rather keep as much of my money than hand it over to government
#6349
Sums up Brexit in a nutshell
"The post-Brexit world is so tough for many that the government’s own trade specialists are advising afflicted British entrepreneurs to relocate some of their operations out of the UK and to the EU. This has to be one of the greater absurdities of Brexit. British companies are being told by the British government that the way to survive is to lay off British workers and transfer their jobs to folk across the Channel."
From The Guardian
"The post-Brexit world is so tough for many that the government’s own trade specialists are advising afflicted British entrepreneurs to relocate some of their operations out of the UK and to the EU. This has to be one of the greater absurdities of Brexit. British companies are being told by the British government that the way to survive is to lay off British workers and transfer their jobs to folk across the Channel."
From The Guardian
#6350
Scooby Regular
iTrader: (1)
Sums up Brexit in a nutshell
"The post-Brexit world is so tough for many that the government’s own trade specialists are advising afflicted British entrepreneurs to relocate some of their operations out of the UK and to the EU. This has to be one of the greater absurdities of Brexit. British companies are being told by the British government that the way to survive is to lay off British workers and transfer their jobs to folk across the Channel."
From The Guardian
"The post-Brexit world is so tough for many that the government’s own trade specialists are advising afflicted British entrepreneurs to relocate some of their operations out of the UK and to the EU. This has to be one of the greater absurdities of Brexit. British companies are being told by the British government that the way to survive is to lay off British workers and transfer their jobs to folk across the Channel."
From The Guardian
Any managing director with an ounce of forethought should have set up operations in Europe before the deadline.
My company set up operations 3 years ago in Slovenia. Now well established and making several millions in turnover, it employs many Slovenian folk with profits returned to the UK holding company. A win win for business
#6353
Scooby Regular
You hedged your bets on account brexit failing the uk contingent otherwise why wouldn’t you expand - in the UK
where wages are higher
where wages are higher
#6354
Scooby Regular
iTrader: (1)
Quite the contrary, We were already shipping goods to eastern Europe, but logistics were interfering with making inroads into the local company supplies. Brexit was the incentive to setup production locally to the major companies that wanted our goods. We would not have had the success supplying from the UK. There were many benefits to setting up a site in Slovenia, which we are now reaping. Business dear chap
#6355
Any managing director with an ounce of forethought should have set up operations in Europe before the deadline.
My company set up operations 3 years ago in Slovenia. Now well established and making several millions in turnover, it employs many Slovenian folk with profits returned to the UK holding company. A win win for business
My company set up operations 3 years ago in Slovenia. Now well established and making several millions in turnover, it employs many Slovenian folk with profits returned to the UK holding company. A win win for business
I think the majority of the customers being told this are small enterprises that will not the resources nor knowledge to simply become a multi-national.
#6358
Scooby Regular
iTrader: (1)
For those companies who planned ahead and wanted to expand trade with Europe and beyond, it creates more profit, enabling the UK in our case to employ more staff in R&D, administration etc. Jobs that would not have been created by not seeking out new business. Brexit was the Kickstarter for us to get on.
Im not interested in bleating folk or business owners who didn't make proactive decisions several years ago.
There are too many deadwood business's that need to fail to allow fresh new companies to flourish
Im not interested in bleating folk or business owners who didn't make proactive decisions several years ago.
There are too many deadwood business's that need to fail to allow fresh new companies to flourish
#6359
Also, the government kept telling them for years that there would be no changes needed.....trading would stay the same etc etc.
You really do sound like a "I am good, so **** everyone else" kind of person
Last edited by mrtheedge2u2; 25 January 2021 at 09:28 AM.
#6360
Scooby Senior
For those companies who planned ahead and wanted to expand trade with Europe and beyond, it creates more profit, enabling the UK in our case to employ more staff in R&D, administration etc. Jobs that would not have been created by not seeking out new business. Brexit was the Kickstarter for us to get on.
Im not interested in bleating folk or business owners who didn't make proactive decisions several years ago.
There are too many deadwood business's that need to fail to allow fresh new companies to flourish
Im not interested in bleating folk or business owners who didn't make proactive decisions several years ago.
There are too many deadwood business's that need to fail to allow fresh new companies to flourish