Brexit Round-up: Exporters could face £6 billion in extra costs

[:en]NO TRADE DEAL COULD MEAN £6 BILLION IN EXTRA EXPORTING COSTS

Leaving the EU without a trade deal in place could leave exporters with £6 billion a year of extra costs, according to analysis by the Guardian.

The analysis is based on a scenario where the UK leaves the EU and falls back on World Trade Organisation (WTO) rules ahead of a new free trade agreement.

According to international trade figures, $204 billion worth of British goods exported to Europe each year could face up to $7.6 billion in new tariffs under current rules.

However exporters remain optimistic ahead of Article 50 with businesses in both manufacturing and services confident in improving turnover over the next 12 months.

According to British Chambers of Commerce (BCC) in partnership with DHL, trade documentation fell by 1.42% in Q4 2016. The index now stands at 119.5, up 4.81% on Q4 2015.

Dr Adam Marshall, director general at BCC, said:

“The chancellor’s Budget must focus on cutting the up-front costs that government imposes on every business, and promote investment and exports.”

NET MIGRATION FALLS 

The UK’s net migration fell by 49,000 to 273,000 3 months after the EU referendum result, according to Office for National Statistics.

Figures show that immigration fell by 23,000 to 596,000 in the 12 months to September while emigration rose by 26,000 to 323,0000.

Carolyn Fairbairn, director general at the Confederation of British Industry, said:

“The vast majority of people come to the UK to work, which benefits our economy. Any new immigration model must ensure those benefits continue, but that they are felt more evenly across the country.

“A new industrial strategy that delivers for people in all regions and nations of the UK, coupled with reform of public services, will help achieve this.”

VAT Flat Rate changes could see higher costs for firms

Proposed changes to the VAT flat rate scheme and the increased combating of abuse of the scheme could negatively impact compliant smaller businesses, according to the Chartered Institute of Taxation (CIOT).

Changes to the scheme were announced in Autumn Statement 2016 for ‘limited cost traders’ – businesses which have a very low cost base.

From 1 April 2017, firms using the scheme during the accounting period will need to pay an increase rate of 16.5%.

The changes are being brought in to tackle what HMRC believes to be widespread abuse of the scheme.

CIOT believes that more than 4,000 businesses could move back into standard VAT accounting to avoid this new rate, resulting in higher costs in the long term.

Under the scheme:

  • you pay a fixed percentage of your VAT inclusive turnover to HMRC
  • you keep the difference between what you charge your customers and pay to HMRC
  • you can’t reclaim VAT on your purchases, excluding certain capital assets over £2,000.

Peter Dylewski, chairman of the CIOT’s indirect taxes sub-committee, said:

“HMRC will face difficulties building in effective anti-tax avoidance measures, to prevent traders side-stepping the new measure, for instance by buying and selling small amounts of goods to take them over the limited cost trader thresholds.

”One of the main challenges will be for businesses to understand whether they have acquired goods or services, which is often unclear for expenses such as computer software, electricity and gas and professional subscriptions.”[:zh]贸易协定缺位或意味着60亿英镑额外出口费用

据《卫报》分析,在贸易协定缺位的情况下脱离欧盟或令英国出口商面对每年60亿英镑的额外费用。

该分析是基于英国退出欧盟,在达成新的自由贸易协议前重新采取世贸组织(WTO)规则这一情况。

国际贸易数据显示,英国每年出口欧洲的商品价值2040亿美元,依据现行规则或将面临高达76亿美元的新关税。

然而,在启动第50条之前,出口商仍保持乐观,制造业和服务业商家有信心在未来12个月中提高营业额。

据英国商会(BCC)与DHL的联合调查显示,2016年第四季度贸易单据减少1.42%。该指数目前为119.5,较2015年第四季度同比增长4.81%。

英国商会总干事亚当•马歇尔(Adam Marshall)博士称:“财政大臣的预算必须将重点放在削减政府对每一项业务征收的前期成本上,并促进投资和出口。”

净移民人数下降

英国国家统计局数据显示,英国的净移民人数在欧盟公投结果3个月后下降了4.9万,减少到27.3万。

数据显示,截止至九月,入境移民在过去12个月内减少了2.3万,跌至59.6万,而出境移民则增加了2.6万,高达32.3万。

英国工业联合会总干事卡罗琳•费尔贝恩(Carolyn Fairbairn)表示:

“大多数人来英国是为了工作,这是有利于英国经济的。任何一种新的移民模式必须确保这些利益的持续,并在全国范围内均衡分布。”

“一项面向英国全境各地人民的新工业战略将与公共设施改革双管齐下,以助实现这一目标。”

增值税统一费率变更或令企业面临更高成本

英国特许税务师公会(CIOT)认为,增值统一费率方案拟采取的变更,以及加强对滥用方案的打击或对守法的小型企业产生负面影响。

在《2016秋季声明》中,针对“有限成本企业”——即成本基础极低的企业,公布了方案变更。

从2017年4月1日起,在会计期间采用增值统一费率方案的企业将需要支付16.5%的费率增加。

对方案做出变更是为了解决英国税务及海关总署(HMRC)认为存在方案滥用这一情况。

英国特许税务师公会认为,4000多家企业或将重新采用标准增值税会计以规避新费率,长此以往将导致更高成本。

根据增值统一费率方案:

  • 按营业额(包含增值税)的固定比例向英国税务及海关总署缴付
  • 向客户收取的费用与向英国税务及海关总署支付的费用的差额自留
  • 不可申请增值税退税,不包括某些超过2000英镑的资本资产。

英国特许税务师公会间接税委员会主席彼得•迪莱夫斯基(Peter Dylewsk)表示:

“在制定有效的反避税措施以防止商家绕过新措施(例如通过购买和出售少量商品跨过有限成本企业的门槛)方面,英国税务及海关总署将面临重重困难。”

“企业面临的一大挑战是了解自身是否已经获得商品或服务,在诸如计算机软件、电力、天然气和专业订阅等费用方面往往含糊不清。”[:]