"Tolerance if giving every human being every right that you claim for yourself" - Robert Green Ingersoll Trans-Inclusive Feminist, EU and World Citizen
Sep 6, 2018 • 10 tweets • 3 min read
A little thread here about potential problems for SME's in a No Deal scenario.
We import some components from the Far East and receive these 5 to 10 times every year. We have to pay import duties and VAT when they arrive, which can cause serious cash flow problems /1
We pay our domestic VAT quarterly in arrears. It also means we have to be able to pay this immediately as soon as the ship docks, otherwise the shipping agent will not release the goods and will charge storage charges. /2
Aug 9, 2018 • 8 tweets • 5 min read
@redalphababe@DeborahMeaden An excellent blog. The cord it struck with me is the moment that you say that Leave voters - yes you, put our businesses at risk. That makes it personal, like the guy in my factory who voted Leave and who put my business at risk. He didn't think about that at the time. /1@redalphababe@DeborahMeaden He thought his life was shit. Not enough money to pay the bills, benefits cut, long waiting times at the doctors, and no matter how he voted it was always the same. Someone told him it was the EU immigrants that caused his miserable life, so he voted Leave /2
Jul 28, 2018 • 4 tweets • 4 min read
@h8kes@FeddieDog@bernardjenkin@LynnMcD61564763 Oh really? Last week a container from China arrived. It was randomly selected for a check, causing a days delay in clearance. Due to an error (unsure who by) the duty deferment account was blocked.
@h8kes@FeddieDog@bernardjenkin@LynnMcD61564763 The shipping agent offered to defer VAT and duties on their account, but needed payment for this upfront. As this amount was not readily available this caused a further delay of 3 days.
Jun 5, 2018 • 12 tweets • 2 min read
I run a small manufacturing company dealing predominantly with UK customers. Most of our components are imported, either directly by us or by stockholders in the UK.
Following the referendum our cost prices have gone up significantly due to the fall in the £ and it is hard to put that through to the market unfortunately, so we've lost margin as a result.
Mar 3, 2018 • 20 tweets • 4 min read
Friends of ours voted Leave because they feel it would be good for this country if we could negotiate our own trade deals, so I want to spend a few thoughts on that here. 1/17
If you believe that we can negotiate great deals outside the EU ask yourself how we would achieve that.
It is not because we have better negotiators that the EU. The negotiators of the EU are the best of all countries, including the UK. 2/17