Letter: Can Boris Help Me With Brexit Prep?

Published on: 27 Sep, 2019
Updated on: 27 Sep, 2019

From Lisa Wright

In response to: I Thought the Dragon Editor Was Impartial

Isn’t it strange, I too watched a big chunk of the debate in Parliament on Wednesday (September 25) but my view of proceedings is very different from Mr Armstrong.

I saw a whole bunch of blue people who decided that the Supreme Court was wrong and laughed and jeered continually at other parties throughout the afternoon. For a party that is trying to leave Europe and put all powers back in the UK, it’s a funny way to treat your Supreme Court who you will rely heavily on in the future.

I didn’t hear Mr Johnson answer any valid questions, not one. I would particularly like to hear a response to the question of what plans for the Brexit deal had been placed on the table.

I like Boris on a game show and often enjoy his speeches but, to be honest, it’s only for the comedy value. Disappointingly, as a PM he sucks.

I am not looking forward to November 1. I have had no guidance on whether my company will need to alter its whole finance system to change pricing, invoicing, duty, VAT, and so on. I only hope we can react quickly enough to changes and continue to trade.

Unlike the large corporations, we are unable to stockpile imported goods and that puts us all on very dodgy ground. Maybe Boris can help?

Responses to Letter: Can Boris Help Me With Brexit Prep?

Jim Allen Reply

September 27, 2019 at 8:38 pm

Treat it like the millennium bug and you won’t go far wrong. Life and finances won’t change. If it does you will simply be making changes just like we do when we have a Budget. Where’s the problem, save the information from the doomsayers?
Dave Fassom Reply

October 1, 2019 at 12:30 pm

I think such insults are very cheap. The man is just trying to implement the instruction of the largest democratic decision this country has ever taken.

On the VAT issue, if we do leave without a deal you will simply need to remove the VAT line from your invoice. Thereby making you instantly 20% more competitive to your EU clients compared with other EU suppliers (this will depend to some extent on the TVA/VAT position of your EU client).
Adam Aaronson Reply

October 2, 2019 at 9:04 pm

It is correct that UK businesses will be able to treat exports to the EU as zero-rated but this is unlikely to be reciprocated if the UK becomes a “third country”.

EU importers will be required to pay VAT upfront on UK exports, and quite possibly duty as well, unless they have a deferral scheme. So it is incorrect to infer that there will be a competitive advantage. Quite the reverse.