So now that we have completely left the EU...
- Thread starter Heym SR20
- Start date
NAH!!, The remoaners will think it's a dose of fake news.
Not all rosey in that garden.
Since 2014 Modi has systematically reinforced the idea that the identities of the Indian state, the BJP party and Hinduism are both synonymous and integral. Google: Hindutva.
Modi's intolerance for that which lies outside of that sphere is well documented.
In 2019 Modi took the vote away from 120 million people...
kennyc
Well-Known Member
interesting that it was announced on the same day that this was slipped out (almost as if sopmeone wanted to draw attention away from it )
Annual £7.5bn cost of EU trade as bad for business as no-deal Brexit
nun_hunter
Well-Known Member
I'm annoyed as I need a new charcoal filter for my kitchen hob extractor and the one I ordered from Italy for £15 was turned around at customs so now I have to spend £35 on exactly the same part but from in the UK
I find it all rather depressing, vat being charged on all parcels too. The biggest problem will be the amount of small firms & individuals who cannot cope with the increase of money & legislation needed to trade with Europe & vice versa. Large companies will probably survive, small ones won't. Either way a price hike is inevitable.
Freeforester
Well-Known Member
Agreed, you should hear the Bavarians about the Schwabians and Lower Saxons, I'm sure it's a two way straße there too.
Heym SR20
Well-Known Member
EU is governed by the EU parliament to which each country elects several MEPs to represent their interests. Theses MEPs are elected by the people within their own country. UK electorate never showed any interest and self serving idiots tended to get elected. Rather than actually promoting the UK, and getting the best for the UK as well as others, they either just enjoyed the gravy train or just served their own little interests. By comparison MEPs from other countries are recognised by their own constituents and actually do something.
The commission is the EU civil service and impliments the directions voted for by MEPs.
It’s exactly the same relationship as Parliament and Whitehall.
Individual EU countries are then responsible for adopting, enacting etc EU directives. Most directives are there to provide a) a common playing field and b) to ensure that goods and services meet a high level of standard.
This would a cheesemaker in Cheshire to produce a product that they could sell direct to a consumer in Northern Finland, or to Southern Portugal, and the consumer would have the confidence that the product was safe and fit for consumption.
Or if you found filters for cooker hobs for sale in Italy you could by them direct in the UK and a few days later they turn up on your doorstep.
And if you are small business, with niche skills, expertise etc then you have a 350m market.
The whole beauty of a large common market is that it allows a small fishing business on west coast of Scotland to find a market in Spain for whelks and prawns which its own local consumers don’t eat.
The last three weeks are really showing how much UK is actually closely integrated with Europe and vice versa, and how much we will loose.
The only businesses that can afford to trade internationally without benefit of free markets are large businesses that can afford the overhead of filling in all the paperwork and to then ship in bulk.
And this then means you immediately start exporting value overseas.
So there is the example of a Cheshire cheese company. It now has to provide a vetinary certificate with every packet of cheese it sends to its large and growing European consumer base. This means its totally uneconomic.
So instead it is setting up a European distribution hub, to which it will sell its cheese at cost. The European hub will then do all the distribution.
Net effect to UK plc - The cheese company will just a few in its factory and make minimal profit. UK tax earned is PAYE on a few people and minimal corporation tax.
EU operation will employ many people ( who will all earn income tax) , make good profits (on which it will pay corporation tax) and VAT on all sales to its Consumers. Only benefit to UK will a little tax on the repatriated dividends.
Multiply that effect by lots of small businesses leaving and its effect is massive.
Yes Nissan has announced it is building a Battery Factory in the UK. It will be a fully automated state of the art facility employing about 10 people. And its products will be sold at cost price plus a tiny little margin to other parts of the supply chain within Nissan. Tax revenue for the UK is only really ever earned from large corporates in VAT when end product is sold to consumers.
Free trade is great for small businesses and thus the economy as a whole.
Borders, barriers to trade encourage monopolies and large corporates. What will happen to UK fishing - all the little markets and boats will go out of business, and there will be a few (probably foreign owned) large factory fishing boats with all the quota with forward contracts to large supermarkets.
And same will happen in lots of other industries and sectors.
The commission is the EU civil service and impliments the directions voted for by MEPs.
It’s exactly the same relationship as Parliament and Whitehall.
Individual EU countries are then responsible for adopting, enacting etc EU directives. Most directives are there to provide a) a common playing field and b) to ensure that goods and services meet a high level of standard.
This would a cheesemaker in Cheshire to produce a product that they could sell direct to a consumer in Northern Finland, or to Southern Portugal, and the consumer would have the confidence that the product was safe and fit for consumption.
Or if you found filters for cooker hobs for sale in Italy you could by them direct in the UK and a few days later they turn up on your doorstep.
And if you are small business, with niche skills, expertise etc then you have a 350m market.
The whole beauty of a large common market is that it allows a small fishing business on west coast of Scotland to find a market in Spain for whelks and prawns which its own local consumers don’t eat.
The last three weeks are really showing how much UK is actually closely integrated with Europe and vice versa, and how much we will loose.
The only businesses that can afford to trade internationally without benefit of free markets are large businesses that can afford the overhead of filling in all the paperwork and to then ship in bulk.
And this then means you immediately start exporting value overseas.
So there is the example of a Cheshire cheese company. It now has to provide a vetinary certificate with every packet of cheese it sends to its large and growing European consumer base. This means its totally uneconomic.
So instead it is setting up a European distribution hub, to which it will sell its cheese at cost. The European hub will then do all the distribution.
Net effect to UK plc - The cheese company will just a few in its factory and make minimal profit. UK tax earned is PAYE on a few people and minimal corporation tax.
EU operation will employ many people ( who will all earn income tax) , make good profits (on which it will pay corporation tax) and VAT on all sales to its Consumers. Only benefit to UK will a little tax on the repatriated dividends.
Multiply that effect by lots of small businesses leaving and its effect is massive.
Yes Nissan has announced it is building a Battery Factory in the UK. It will be a fully automated state of the art facility employing about 10 people. And its products will be sold at cost price plus a tiny little margin to other parts of the supply chain within Nissan. Tax revenue for the UK is only really ever earned from large corporates in VAT when end product is sold to consumers.
Free trade is great for small businesses and thus the economy as a whole.
Borders, barriers to trade encourage monopolies and large corporates. What will happen to UK fishing - all the little markets and boats will go out of business, and there will be a few (probably foreign owned) large factory fishing boats with all the quota with forward contracts to large supermarkets.
And same will happen in lots of other industries and sectors.
LeftHandGuy
Well-Known Member
My point exactly!
Sinistral
Well-Known Member
Some detail on this now ...
The Guardian
Miles Brignall Thu 21 Jan 2021
EU website purchases: the import charges UK customers have to pay
Consumers now face UK VAT, as well as customs duty and courier admin charges
Before Brexit, UK consumers were free to buy items from anywhere in the EU without incurring import duties and other charges. That all changed on 1 January 2021.
Online orders up to £135 are now supposed to have the UK’s prevailing VAT rate added at the point of sale by the EU retailer, which has to have registered with HM Revenue & Customs. Lots of smaller EU-based retailers have decided that the paperwork of collecting UK VAT is not worth the hassle and as a result will no longer supply UK consumers.
Other EU retailers appear to have carried on as before, and have been sending out orders without having deducted the VAT. This has led to couriers turning up on doorsteps demanding the UK buyer pay the VAT owed on the item they are receiving. The rate will be between 0% and 20% depending on the item.
Items below £135 bought through the big online marketplaces such as Amazon will have had UK VAT added and therefore can be delivered in the UK with no extra charges demanded
For orders above £135 it is more complicated as they also attract import duty, which can range from 0% to 25% of the item’s value depending on what it is, what material it is made from and its declared value. There are thousands of different rates of duty and the system is difficult to navigate. Clothes typically attract a 12% customs duty, but it’s hard to generalise.
VAT is then added to the total – at the prevailing UK rate, which for most adult items is 20%. The couriers also add their admin charge of between £8 (Royal Mail) and £11.50 (UPS), or 2.5% of the amount paid to clear customs, with a minimum charge of £11 (DHL).
For example, a £200 coat bought from a German website could attract 12% or £24 customs duty. VAT at 20% is then applied to the total of £224, giving a VAT bill of £44.80. Once the courier has added its £11.50 admin fee, the UK consumer must pay £80.30 to the courier on the doorstep before it will hand over the item – adding around 40% to the coat’s price.
This is one of the best posts I have seen on this board. Thanks Heym. It makes total sense. I haven't read a newspaper in 45 years, & the Guardian was probably the reason why, but I gotta say this is plain speak. A+
I've just ordered a bino harness from the USA straight off the company's website, as they don't have a UK distributor. At least I know it will attract a tax payment (if it doesn't slip through by happy accident) and ordered it in that knowledge.
To pay VAT twice on the same item from the EU seems absurd and patently unfair.
Having already paid for my wine rack from Germany, which still hasn't turned up, it looks like it will be easier to cancel the order and get a refund. At least it was under £135.
To pay VAT twice on the same item from the EU seems absurd and patently unfair.
Having already paid for my wine rack from Germany, which still hasn't turned up, it looks like it will be easier to cancel the order and get a refund. At least it was under £135.
I am a smaller business ,Yesterday I imported a quantity of oak flooring , a framework structure and a pair of oak double doors from the EU which arrived on a van last night at 10pm through the Tunnel , I have a guy that charges me a nominal fee handled all the paperwork on my behalf a simple customs declaration , I have not had to pay any Vat (upfront, as it will be paid as it normally is when I charge VAT and I sell it ) nor was there any duty to be paid , the paperwork was all sorted yesterday when we knew he was coming, its really not as bad as its being portrayed ! Im sure with some of the smaller shooting items it wont take long for someone to realise there is money to be made and will start importing in bulk at cheaper rates due to economies of scale and then supplying to the UK market and Vica Versa for British Products in the EU ! Its called Business
A lot of companies I know have not held much in Stock since the Financial Crash !
A lot of companies I know have not held much in Stock since the Financial Crash !
Bavarianbrit
Well-Known Member
All over the world. A bit good natured around here, they say the Schwabians taught the Scots how to how be tight.
I just ordered some stuff that is located in EU and the price I am to be charged was there up front on Amazon as they deliver it to my German address, simples, just like being in the USA and ordering stuff from out of state = so convenient IMO.
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Reading this thread it would appear that we still have a choice whether we stay in the E U or not.
We f in don't so all you bloody remainers stop whingeing and get down to making Britain work again. I would never have believed British people could whinge and whine so much, it just shows how wrong judgement is sometimes.
I despair for the future if you have kids of the same persuasion, wokes and snowflakes all.
We f in don't so all you bloody remainers stop whingeing and get down to making Britain work again. I would never have believed British people could whinge and whine so much, it just shows how wrong judgement is sometimes.
I despair for the future if you have kids of the same persuasion, wokes and snowflakes all.
Heym SR20
Well-Known Member
I do read newspapers - mostly inline as I need to be up to date with current affairs. I also read a good specialist reports on business and early stage and venture capital investment. I must admit to reading the Telegraph and the Times, but they are now so self congratulatory that I read them with a huge pinch of salt - Newspaper editors no longer seem to provide good editorial oversight- instead its stories that speak to the masses and/ curry political favour. Ever since phone hacking scandals I will not support Murdoch owned media.
The Guardian, I always was for Guardian readers. But I increasingly read it as a) it is not owned by an individual who is supporting one side or another, b) its not behind a paywall and c) it provides a good balanced view with good facts being presented rather than political spin.
I have always had a real interest in how Government affects business and firms, trading history from the earliest days and how business grows and develops - Adam Smith’s Wealth of Nations, Machiavelli’s the Prince, Richard Hakyluts Principle Navigations all formed part of my original thinking.
I am finding the whole BREXIT truly fascinating and seems to be repeating most of history’s mistakes. What is currently happening was totally predictable.
I draw a parallel to China. My Great Grandfather was there at the turn of the 19th to 20th Century. China was already a major global power and exporter of products around the world. There were steel mills on the Yangtse Delta set up by German using German technology exporting to the American Railroads - and that was in 1905. There was already in China a huge tension between being a global player and being isolationist. The whole country fell apart in the 1920s, was invaded by Japan and then they had a little matter of the Cultural Revolution which removed a huge segment of society - all business and intellectuals - or in other words any body free thinking. And China had 50 years of isolation and only came back on line in the last 15 or so years.
I see the UK rather than becoming a freetrade global player, will actually end up being pretty isolationist and tied up in Blue Tape. It has always had that tendency to create the worlds biggest beauracracies. And those individuals who have any drive intelligence etc will leave and prosper elsewhere - and that would be a real pity.
Project fear in another vest
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