IdonthaveaScooby

So no free trade with USA anytime soon

BMWhere?

Free trade with USA or anyone else will still involve all the admin required now to trade with the EU! That was the advantage of being in the single market, that common regulations meant all the admin could be saved, meaning that small companies could easily trade within the block without any additional costs or hassles.

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!

BMWhere?

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!

ALi-B

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.

IdonthaveaScooby

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

ALi-B

iTrader: (1)

Wrong thread...unless you're being racist like the Brexiters

IdonthaveaScooby

The poor mites will just have to rely on Boris's Singapore on Thames trickle down effect

IdonthaveaScooby

send um back to the promised land

- a rule is a rule

IdonthaveaScooby

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)

andy97

iTrader: (1)

Jersey separated from Normandy in 1204. some 800+ years ago. French island.

Jersey can do what it likes with its own waters

IdonthaveaScooby

There’s hardly a twelve mile gap between France and “England”

andy97

iTrader: (1)

Exactly, UK is not French, Belgium or Dutch, its is independent, has its own territorial waters, as does Jersey. It can do what it wants

IdonthaveaScooby

So france could indeed fish right up to thier doorstep

thanks for clearing that up

andy97

iTrader: (1)

Where the distance is less than 12 miles, the distance is halved for territory. I understand there is around 16 miles to Jersey from closest point to France. 8 mile 👍

IdonthaveaScooby

What a farce , its obviously off the coast of france

useful only for tax dodging brits

andy97

iTrader: (1)

Geographically yes, independent of French authority since 800 years ago.

Tax avoidance is legal

IdonthaveaScooby

Immoral though isnt it !

just like brexit party lies- funny coincidence ...

andy97

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

mrtheedge2u2

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

andy97

iTrader: (1)

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

IdonthaveaScooby

Youve outsourced british jobs , just what the people voted for !

Not

andy97

iTrader: (1)

No I helped expand the business, profits come back, employ more staff, whether UK, Europe or USA. Successful business employ more

IdonthaveaScooby

You hedged your bets on account brexit failing the uk contingent otherwise why wouldn’t you expand - in the UK

where wages are higher

andy97

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

mrtheedge2u2

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.

andy97

iTrader: (1)

Our business is classed as small currently. Those bleating companies in the news, just didn't plan ahead

IdonthaveaScooby

Fact remains !

how is brexit benefitting the british worker

andy97

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

mrtheedge2u2

FFS Andy, do you not get it into your head that not all companies make millions upon millions every year. Pretty hard telling a small company who may make 50k profit at end of year "stop bleating. Your fault as you did not plan ahead"

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

BMWhere?

Now tell me again how that couldn't have been done without Brexit?