The UK government will invest £8 million to help customs intermediaries expand to meet “potential capacity challenges” in the event of a no-deal Brexit. A package of measures will include support for training and increased automation for customs brokers, freight forwarders, and fast parcel operators, according to a joint October 22 release issued by HM Revenue & Customs and HM Treasury.
My news story for Worldwide Tax Daily, published by Tax Analysts on October 24 (paywall). This story was also published in the October 29 edition of Tax Notes International::
U.K. Backs Customs Agents Facing Brexit Capacity Challenge
Negotiations on Gibraltar‘s future after Brexit have delivered “a fairly final protocol,” but tax is one of several issues still to be resolved, Chief Minister Fabian Picardo said.
My news story for Worldwide Tax Daily, published by Tax Analysts on October 20 (paywall):
Tax Issues Remain as Gibraltar Marks Progress in Brexit Talks
European Commission President Jean-Claude Juncker said an extension of the Brexit transition period “probably will happen,” after UK Prime Minister Theresa May said it was an option that had emerged in the Brexit talks.
My news story for Worldwide Tax Daily, published by Tax Analysts on October 19 (paywall). This story was also published in the October 22 edition of Tax Notes International:
EU, U.K. Leaders Willing to Extend Brexit Transition Period
Any solution to the Irish border issue must preserve the integrity of the United Kingdom, Prime Minister Theresa May said in a defiant response to the EU-27 leaders’ rejection of her Brexit plan.
Both sides in the negotiations have to face the fact that there are “two big issues where we remain a long way apart,” May told a Downing Street press conference September 21. European Council President Donald Tusk declared on September 20, at the end of an informal summit in Salzburg, that the United Kingdom’s proposed framework for future economic cooperation “will not work, not least because it risks undermining the single market.”
Responding to May’s speech in a September 21 statement, Tusk said the EU-27 will “treat the Chequers plan as a step in the right direction.” Read more:
My news story for Worldwide Tax Daily, published by Tax Notes on September 22 (paywall)
The U.K. government must change its approach to Brexit to secure a withdrawal agreement if the EU continues to oppose its customs proposals, according to a House of Commons committee.
Brexit secretary Dominic Raab told journalists, however, that the government has made compromises. “We do need to see that matched on the EU side,” he said.
Prime Minister Theresa May told the BBC September 17 that if Parliament does not back the Chequers proposals, “the alternative to that would be not having a deal.” Read more:
My news story for Worldwide Tax Daily, published by Tax Notes on September 19 (paywall)