The Mudcat Café TM
Thread #165570 Message #3985900
Posted By: Iains
04-Apr-19 - 11:22 AM
Thread Name: BS: Brexit #3: A futile gesture?
Subject: RE: BS: Brexit #3: A futile gesture?
Ireland DITCHES Britain as less than HALF of Irish firms register for no deal trade
LESS than half of the 84,000 Irish companies that trade with Britain have registered for a customs number to continue doing so after Brexit.
The Irish tax authority has warned business in the Republic could be cut off (Image: GETTY)
This revelation has triggered an intervention from the Irish tax authority which has warned business in the Republic could be cut off if Britain leaves the EU without a deal. Given close trading links to its nearest neighbour, Irish customs officials are braced for a 12-fold rise in the number of import and export declarations made by local companies if Britain leaves the European Union's customs union. With Britain at risk of crashing out of the EU as soon as next week, Ireland's Office of the Revenue Commissioners and government urged firms to apply for an Economic Operators Registration and Identification (EORI) number, which will be needed to continue to move goods to, from or through the UK. Irish Finance Minister Paschal Donohoe said on Twitter: “IMPORTANT: Businesses trading with UK will need an EORI customs number in a no deal Brexit.
Brexit: Varadkar warns no deal ‘particularly difficult’ for Ireland