Subtitles section Play video Print subtitles Yeah, Trekkers has been making shoes in England for 192 years. It survived world wars, financial crises and stock market crashes. But Brexit, paired with the burden of the global health crisis, is its latest battle. While the last minute trade deal between London and Brussels may have helped avoid border tariffs, businesses on both sides are now dealing with extra costs from V A T rates. Martin Mason is the managing director at Triggers. This friction of getting product into Europe has got got to be smoothed down. I mean, it is a bit of, ah, barrier to recovery Post co vid. But you know, if wise heads get together and solve some of these issues, then hopefully it will become easier. British exporters must now comply with different V A T rates across the EU's 27 member states. Triggers has handed the task to parcel firms that are charging additional handling fees for each package sent to the U from the company's factory in North Hampton, England. The extra costs could hit over $137,000 a year, and shipments that used to take one day to arrive are now taking three or four. When the curry is get things wrong, the trail of paperwork also grows. Let's be honest. Europe is having exactly the same problems getting product into the UK Every European manufacturer or shop has to set up a V eight registration with HMRC. Some haven't decided there. It's not gonna bother, um, so it really is both sides coming together and just making sure that all of the paperwork and the processes air easier. Prime Minister Boris Johnson has said the recent disruptions to trade a largely teething problems aunt. He points to the potential for export growth if Britain strikes trade deals with the United States. India, on beyond a deal agreed with Japan, which accounts for a third of triggers business, compared with about 15% which comes from the you would be a help.
B1 brexit paperwork trade product british easier Historic British shoemaker faces Brexit's hidden costs 3 2 林宜悉 posted on 2021/01/28 More Share Save Report Video vocabulary