Free Brexit advice for Kent s importers and exporters
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Updated: 10:24, 05 March 2021
Firms in the county can now access free specialist advice on how to do business with the EU following Brexit.
Kent County Councilâs Trading Standards officers will provide no-cost regulatory guidance to businesses via a dedicated advice line.
File photo dated 28/01/19 of Union and European Union flags outside the Houses of Parliament, London. Theresa May has warned MPs that if they fail to back her Brexit deal at the third time of asking then Brussels might insist on a lengthy delay, potentially scuppering chances of leaving the European Union altogether.. (44878405)
VAT changes after Brexit prompt firms to stop exports
Published: 06:30, 03 March 2021
Businesses in the county are being forced to scrap exports to the EU due to a shift in VAT regulations following Brexit.
Despite warnings to prepare ahead of the end of the transition period, many found themselves distracted by the challenges posed by the pandemic, and only now are finding themselves facing hefty bills and stubborn buyers on the continent.
Exporting goods now comes at an extra cost for many Kent firms
A key stumbling block is a change in the way VAT is paid on exported products - and for many, the additional costs incurred are forcing them to rein in their international ambitions - and that represents a blow to the growth of many ambitious Kent firms.