28-05-2021, 14:33
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#1040
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cf.mega poster
Join Date: Jun 2003
Location: Kairdiff-by-the-sea
Age: 69
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Posts: 10,296
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Re: Britain outside the EU
Quote:
Despite the tariff-free deal agreed with the EU, a study by the University of Sussex found up to £3.5bn of British exports had taxes applied.
That accounts for about 10% of British goods exports to the EU.
Some firms paid due to the complexity of claiming zero tariffs, or said they planned to reclaim the fees later.
For exporters, maintaining zero tariffs under the post-Brexit deal is not automatic: it needs to be claimed on customs declarations that from January have had to accompany every export to the European Union.
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https://www.bbc.co.uk/news/business-57282379
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