D
durhamplumber
Nothing is certain yet!!!!....non fact already,, you only two questions in.
Covent garden tonight. Full of Arabs.
- Thread starter Mottie
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You jumped the gun and missed the point.
Fact is we have to treat the EU the same as ROW under WTO.
I dont quote economics.
The problems with Brexit are to do with trade.
If a business exprts to the EU, it does it easily....its called frictionless trade.
If that business then has delays, form filling, customs checks, rules of origin checks -its costs go up.
If it raises prices its customer just buys from elsewhere in the EU.
If you went to a plumbers merchants and it took you 3 hours of form filling, would you be worse off?
Zero econkmice involved just boring facts.
Don't confuse dp with the facts...
His tin pot dictator told him that gatt 24 would apply
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Don't confuse dp with the facts...
His tin pot dictator told him that gatt 24 would apply
Well watching Peter Navarro on Fox News, he said China paid the tariffs imposed by the US. I gave up, tariffs are paid by the importer and passed onto the consumer.
There are people who think tariffs are imposed on foreign countries like sanctions.
One would have thought that plumbers (well the ones that earn enough) would have had a glance at their online VAT form - boxes 2, 4, 8 and 9...
These will soon change on a no-deal, so I wonder if said plumbers will realise that they will have to take a hit, or charge more?
B
Bodd
Why just the ones that 'earn enough'?
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Lol, are you VAT registered.
B
Bodd
I nipped over this year... My accountant had a jiggle to get me under.... I don't need the extra office work it will create.
And you want a no-deal
B
Bodd
Given the reciprocity of WTO rules, you'll have to pay duty on goods that originate from the EU.
Which is much of your day to day items...
Should you export to the EU, you'll have to do likewise to them - them's the WTO rules!
So you won't be able to claim back the duty from items sourced from the EU, and thus you then will have a choice...
Take a financial hit or pass the extra costs on to your customers...
Who will of course be having to pay extra costs themselves...
There is only so much money to go around (not only in the UK, but the EU as a whole), so at some point many people stop spending - and the result is called a recession!
Only given that we at only 65m population are against what will still be the biggest trading bloc in the world, then guess who the likely loser will be
B
Bodd
Given the reciprocity of WTO rules, you'll have to pay duty on goods that originate from the EU.
Which is much of your day to day items...
Should you export to the EU, you'll have to do likewise to them - them's the WTO rules!
So you won't be able to claim back the duty from items sourced from the EU, and thus you then will have a choice...
Take a financial hit or pass the extra costs on to your customers...
Who will of course be having to pay extra costs themselves...
There is only so much money to go around (not only in the UK, but the EU as a whole), so at some point many people stop spending - and the result is called a recession!
Only given that we at only 65m population are against what will still be the biggest trading bloc in the world, then guess who the likely loser will be
That's not my problem.. My problem is I can only have a turn over of around £85000.
Overvthis then I have to be VAT registered.
You don't buy any parts or materials that are imported? Not even a van?
Lucky you.
Even before the new tariffs start, on 1st November, the pound has dropped by more than 20% since before the referendum, so imported goods are creeping up in price.
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