uk iconUK

HMRC has no figures on cost of post-Brexit customs procedures

In a session before the Treasury Committee, HMRC chief told MPs that it had not calculated the administrative cost of the government’s Brexit deal on exporting businesses and that several thousand high value exporters were not even ready for a no-deal Brexit.

HMRC has no figures on cost of post-Brexit customs procedures
smsfadviser logo

When pressed by members of the Treasury Committee, HMRC said that it did not have detailed figures on the administrative costs of implementing the government’s Brexit deal for businesses as part of the Withdrawal Agreement Bill Impact Assessment.

Read more at the Accountancy Daily.

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox