Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

No-deal Brexit would present huge difficulties to businesses in North

byCT Report
13/06/2019
in Uncategorized
Share on FacebookShare on Twitter

Businesses in Northern Ireland would face massive difficulties in the event of a no-deal Brexit, according to an expert report carried out for the Northern Ireland civil service, with the burden falling most heavily on small and medium enterprises.

The findings of the report by two lawyers specialising in EU and international customs law present a “sobering reflection of the limited room for manoeuvre for businesses and government in a no-deal context”, according to an accompanying note from the North’s Department for the Economy.

You might also like

FBR to launch faceless tax audit system

13/06/2026

FBR bans PDF financial statements for companies

13/06/2026

“It confirms the Northern Ireland Civil Service’s concern about the impact of EU tariffs on food exports to Ireland, and the ability of micro and small enterprises with no experience in customs procedures and operations to continue to export to Ireland,” the department’s summary of the report says.

The report, written by Eric Pickett and Michael Lux, warns that schemes to avoid trade barriers and Border checks – so-called “facilitation” – would have a limited application, especially for smaller businesses who may not have the ability, scope or expertise to use schemes to minimise trade barriers.

Agriculture worst affected
Trade between the Republic and the North would be hugely affected, the report warns, with agricultural trade worst affected. It lays out in great detail an array of checks, inspections and declarations which could be required.

Trade across the Border is especially important to very small businesses in the North. “Over 80 per cent of microenterprises (employing fewer than 10 people) in Northern Ireland who export, only export to the Republic of Ireland,” the accompanying note says.

Related Stories

FBR to launch faceless tax audit system

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...

FBR bans PDF financial statements for companies

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...

SBP unveils first-ever research agenda for 2026-2029

byCT Report
13/06/2026

KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...

Pakistan empowers custom courts to freeze assets in illegal fund transfer trials

byCT Report
13/06/2026

ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...

Next Post

Accountability Court adjourns hearing of Paragon Housing scam till June 27

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.