spkennyuk
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- 5,960
No argument intended.
As stated i was curious as to how the Tax VP had come up with the figure considering the still unknown amount of duty if any at all from the temp tariffs.
Whats apparent is that its a headline figure they are quoting without the detailed numbers to back it up.
What your saying is its a figure between zero and 120 million. The 120 million based on WTO at current levels which wont apply for at least 12 months.
If it was a QI question the only answer would be "nobody knows"
Lets face it would be to the benefit of business in the UK's if we knew what the temp rate were going to be. I am sure the temp tarrifs are being used as leverage in the attempts to get a Brexit deal over the line which is why they are not being published earlier.
The uncertainty is doing so much damage to business as the ability to plan ahead is being hindered so much. Couple that with the effect Covid has had on the world economy. Its not a sustainable position for a lot of companies to be in.
I honestly hope it costs a lot less than anticipated for yourself and the many other businesses that will be affected. Hopefully some of those costs can be passed along to reduce direct costs to companies.
As stated i was curious as to how the Tax VP had come up with the figure considering the still unknown amount of duty if any at all from the temp tariffs.
Whats apparent is that its a headline figure they are quoting without the detailed numbers to back it up.
What your saying is its a figure between zero and 120 million. The 120 million based on WTO at current levels which wont apply for at least 12 months.
If it was a QI question the only answer would be "nobody knows"
Lets face it would be to the benefit of business in the UK's if we knew what the temp rate were going to be. I am sure the temp tarrifs are being used as leverage in the attempts to get a Brexit deal over the line which is why they are not being published earlier.
The uncertainty is doing so much damage to business as the ability to plan ahead is being hindered so much. Couple that with the effect Covid has had on the world economy. Its not a sustainable position for a lot of companies to be in.
I honestly hope it costs a lot less than anticipated for yourself and the many other businesses that will be affected. Hopefully some of those costs can be passed along to reduce direct costs to companies.