Hauliers are calling for the government to clarify the level of import tariffs to be placed on new trucks in the event of a no-deal Brexit after a government document revealed it has been hiked from a promised 10% to 16%. Last month industry leaders were told by government officials that a planned 22% tax on HGV imports was to be reduced to 10%, bringing it into line with the car industry. However, a government document dubbed “Non-preferential tariff rates […]
The FTA has warned its members that a hard Brexit may force them to rethink their business models.
Gefco UK has attributed a drop in turnover and profit to “Brexit-related” concerns and new accounting procedures.
The International Trade Committee has warned that the cross-border movement of goods is “entering uncharted waters” as the government prepares for two years of Article 50 negotiations.