The CIOT has organised two parliamentary roundtable events on Indirect Taxes for parliamentarians of both Houses and all parties to inform the debate over the future of UK Customs – and related issues around cross-border trade, duties and VAT – after Brexit.
Perspectives from the legal sector, industry and practice on the impact of Brexit in no-deal and deal scenarios for customs duty and moving goods cross border were presented to parliamentarians. The speakers raised awareness on the impacts for large business, small and medium enterprises, selling to EU consumers and issues for Irish business.
A more in depth blog with full details of the speakers’ views and the arising questions can be found here.
Representatives of the CIOT and invited guests attended a meeting with cross party parliamentarians to discuss customs and Brexit issues. The views expressed were a combination of highlighting the complexities faced and also offering constructive suggestions for the design and implementation of the new procedures to encourage growth. A recurring point throughout the discussions was that businesses need certainty within a realistic timescale in order to make effective arrangements to cope with change. The parliamentarians had opportunities to ask questions. We note that several members of the House of Lords referred to the meeting in their subsequent discussions in hansard.