Brexit, for once some facts.

PeterL

Esteemed Pedelecer
Aug 19, 2017
998
172
Dundee
As Juncker says 'we must pay'.....or no future trade deal.
Don't misunderstand I don't want to pay a penny but I didn't vote Leave,Brexiters should be pleased to pay...they won,didn't they !!!
KudosDave
I don't think that there is such a thing as diminished responsibility when it comes to being a citizen of the UK, you'll need to move somewhere else if you don't like the deal we get. Where do you fancy?
 

PeterL

Esteemed Pedelecer
Aug 19, 2017
998
172
Dundee
No,I hardly sell any e-bikes into Ireland,it's performance auto parts....rallying is very popular in the north and the south.
KudosDave
OK I understand that, so, tell me about the respective costs to your customers?

Explain that me, simple soul that I am - I assume we are talking about the performance auto parts you sell?
 

Kudoscycles

Official Trade Member
Apr 15, 2011
5,566
5,048
www.kudoscycles.com
OK I made a start here #21527 what follows is indeed wishful thinking. It is always easier to maintain the status quo and indeed defend it - that doesn't make it right.
Ok I read that posting but it's all rhetoric,it doesn't say how leaving the EU is going to make us richer,either socially or economically.
Liam Fox keeps kicking out such rhetoric but no detail,on detail like most Brexiters he is very evasive.
The EU has done a lot of good things over the years and I am sure will continue to do so in the future,we by this Brexit vote are divorcing ourselves from the EU standards in the future....absolute madness.
KudosDave
 

PeterL

Esteemed Pedelecer
Aug 19, 2017
998
172
Dundee
Ok I read that posting but it's all rhetoric,it doesn't say how leaving the EU is going to make us richer,either socially or economically.
Liam Fox keeps kicking out such rhetoric but no detail,on detail like most Brexiters he is very evasive.
The EU has done a lot of good things over the years and I am sure will continue to do so in the future,we by this Brexit vote are divorcing ourselves from the EU standards in the future....absolute madness.
KudosDave
Possibly, time will tell, nothing else? Equally there is no way, with any certainty, you can make your assumptions that to remain will be the panacea you suggest?
 
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Kudoscycles

Official Trade Member
Apr 15, 2011
5,566
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www.kudoscycles.com
OK I understand that, so, tell me about the respective costs to your customers?

Explain that me, simple soul that I am - I assume we are talking about the performance auto parts you sell?
Peter....do I really have to explain how a Euro to Pound exchange rate of 1.13 makes it attractive for a customer in Ireland to drive across the border.
And I am sure you understand that a zero tariff bike bought from China into the north might be cheaper than an EU 55% tariff paid bike into the south,hence why I think it is certain that the EU will extend these high tariffs to e-bikes bought into the UK. Don't think that these tariffs will be eliminated post Brexit as the EU undoubtably will make any EU-UK trade deal to continue these tariffs,May will find the money attractive.
Ask any Irish business located near the border is already having a torrid time.
Look on Sky TV news at the moment ,sensible people ,including the future possible Irish PM,are very worried about Brexit's effect on the Irish economy....Ireland is a big customer of the U.K.
KudosDave
 
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PeterL

Esteemed Pedelecer
Aug 19, 2017
998
172
Dundee
Peter....do I really have to explain how a Euro to Pound exchange rate of 1.13 makes it attractive for a customer in Ireland to drive across the border.
And I am sure you understand that a zero tariff bike bought from China into the north might be cheaper than an EU 55% tariff paid bike into the south.
Ask any Irish business located near the border is already having a torrid time.
Surely as we are both in the EU it is for you to set the price that you sell / export to your customers? On that basis I really would have thought your bike in the South would be cheaper? Sorry car parts.
 

Danidl

Esteemed Pedelecer
Sep 29, 2016
8,611
12,256
73
Ireland
I have a customer in Northern Ireland who is doing very well,I have a customer in Ireland who is doing very badly. Both those sellers are close to the border,the only difference between them is the strength of the Euro versus the weakness of the Pound. Customers are driving across the border to buy goods cheaper in the north.
If the north,post Brexit,can import from Asia goods tariff free,this will make the economy of the south even worse.
It is obvious that post Brexit there will have to be a hard border,the EU will insist upon it and we (the UK) will probably end up paying for it and policing it.
KudosDave
The vat rate in the south is also a bit higher I think. We are suffering and will continue to suffer because of the weakness of sterling. As I said previously, many of the Irish firms supplying food to UK chains set up contracts denoted in sterling and at a rate of about 0.78 / 0.82 to the euro . Now that the rate is 0.9 to the euro, that is very painful.

There are other linked problems. Many of the retail goods on sale in both UK and Ireland are distributed via UK based agencies .. Argus, Halfords , Currys, Tesco etc. , This is true even for goods manufactured in Europe. Because Ireland is a small fraction of their business, they would have denoted Irish euro prices as a standard mark up say 1.20 times the sterling price. on the UK sterling price and labeled them as such.
When they buy these goods now at the poor sterling rate, they are costing an extra amount, which they then charge their UK customers, they then charge the Irish customers the sterling multiplied by 1.2 ...., And make an extra slice. It therefore makes much more sense for Irish consumers to go north and not pay this surcharge.

About the requirement for border posts ... Yes in the event of the hard Brexit I see them as inevitable. Irish revenue agrees and assumes hat we will need 8 such.
 

Woosh

Trade Member
May 19, 2012
20,456
16,919
Southend on Sea
wooshbikes.co.uk
Surely as we are both in the EU it is for you to set the price that you sell / export to your customers? On that basis I really would have thought your bike in the South would be cheaper? Sorry car parts.
KudosDave's example is not typical. He assumes that after brexit, we are not participating in the EU customs union and it concerns some special parts that attracted anti-dumping levy.
My guess is a hard brexit will bring in more tax imcome to the Treasury than now and inflation will shoot up to 3% for a couple of years due to further devaluation of the Pound.
 
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Kudoscycles

Official Trade Member
Apr 15, 2011
5,566
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Possibly, time will tell, nothing else? Equally there is no way, with any certainty, you can make your assumptions that to remain will be the panacea you suggest?
I don't think that remaining in the EU will be a wonderful place to be,it is clearly corrupt,what government isn't,it has some strange standards and is headed by some people I cannot stand.
But what I am absolutely certain is that leaving will make the UK poorer,both socially and economically,I can give you hundreds of examples that will adversely affect us if we leave the EU.
Just one example....one of my businesses sell air compressors made in China,similar to those sold widely in the UK. Ten years ago there were either no standards or 7 different standards throughout Europe,it was technically impossible for us to sell to each other,the no standard countries had safety problems connected with a 'life or death' part.
The EU has had a good team working on a safe standard throughout all 28 states,I have some experience of the old British standard,Fred Dibnah would recognise it,it is obsolete and only accepted in the UK. I can sell my compressors throughout Europe under the one standard,it's a very successful product at the moment,without a free trade deal and use of the EU standard I would not sell one of those units,the Italians are strong competitors.
Just one example of hundreds,which is why I am certain we would be much worse off if we Brexit,but so be it the 'will of the people' must be upheld.
Now tell me somewhere else I can sell my compressors?
KudosDave
 
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Woosh

Trade Member
May 19, 2012
20,456
16,919
Southend on Sea
wooshbikes.co.uk
Now tell me somewhere else I can sell my compressors?
I am pretty certain that you can continue selling your compressors to EU customers more or less as before.
Your compressors are certified to EU standard, therefore can be sold into EU countries and the UK.
They may attract extra duty that your customers will have to pay if sold to EU customers after you have already paid duty to import into the UK but there will be duty rules for re-exporting. You are not going to lose sleep over it. It's no different than selling your compressors to Morocco or Russia.
If there is anti-dumping levy on your alloy wheels in the EU and not in the UK, your Ex VAT price will be the same for EU and UK customers, UK customers will pay the VAT while EU customers will pay anti-dumping levy on top of their VAT as if they import straight from China, same rules of origin are observed not to distort the market.
The following notes explain how to recover duty and VAT:

https://www.gov.uk/duty-relief-for-imports-and-exports
 
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flecc

Member
Oct 25, 2006
53,271
30,654
Would have made much more sense to have simply given the monies involved directly to them in Poland, far better investment.
The record shows that isn't true. Wherever money is given directly it encourages corruption and waste and fails to achieve a raising of the recipients living standards.

Africa, Greece et al are examples.

Better results came from allowing the Poles to come here and work for the money. That way the money goes to the deserving.
.
 

Kudoscycles

Official Trade Member
Apr 15, 2011
5,566
5,048
www.kudoscycles.com
Surely as we are both in the EU it is for you to set the price that you sell / export to your customers? On that basis I really would have thought your bike in the South would be cheaper? Sorry car parts.
I may have misunderstood your posting,are you suggesting that I have one pricing structure to Eire and another to the north,to compensate the retailer in the south?
KudosDave
 
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oldgroaner

Esteemed Pedelecer
Nov 15, 2015
23,461
32,613
80
you'll need to move somewhere else if you don't like the deal we get. Where do you fancy?
Arrogant attitude you have there and you should beware of giving in to it, as any Tory politicians reacting like that in the near future after Brexit will cause serious unrest
 
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Danidl

Esteemed Pedelecer
Sep 29, 2016
8,611
12,256
73
Ireland
The record shows that isn't true. Wherever money is given directly it encourages corruption and waste and fails to achieve a raising of the recipients living standards.

Africa, Greece et al are examples.

Better results came from allowing the Poles to come here and work for the money. That way the money goes to the deserving.
.
Why. The Poles came to Ireland in 2002\.... Seeking legitimate work, and did it, got paid, helped build motorways and houses. They knew what they wanted . A chance to better themselves , and with an expectation of returning to and contributing to the development of their own country.
The mistake was short sightedness on behalf of certain Irish developers, who didn't bother to check on how immigration was working. They assumed, a mixture of avarice, and hope that they could sell more and more houses into a market which did not exist. The ride came to an end in 2007
 

Kudoscycles

Official Trade Member
Apr 15, 2011
5,566
5,048
www.kudoscycles.com
KudosDave's example is not typical. He assumes that after brexit, we are not participating in the EU customs union and it concerns some special parts that attracted anti-dumping levy.
My guess is a hard brexit will bring in more tax imcome to the Treasury than now and inflation will shoot up to 3% for a couple of years due to further devaluation of the Pound.
Theresa May has said that we are leaving the single market and the customs union,she has repeated that many times. If we crash out we will definitely be leaving both.
The extent of the anti-dumping duties are not so special......bicycles,alloy wheels,leather handbags,special steels. It is the UK that has stopped the EU from extending them.....they want to put a 300 % anti dumping duty on all steel,if we are not part of the customs union that will badly affect Port Talbot steel.
The big one for most consumers is food....the average normal tariff is 35%..so much food goes through Dover-Calais and across the Irish border,food will be much more expensive without a deal,still Brexiters knew that,they did their homework and are happy to pay more for food.
KudosDave
 
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Danidl

Esteemed Pedelecer
Sep 29, 2016
8,611
12,256
73
Ireland
Peter....do I really have to explain how a Euro to Pound exchange rate of 1.13 makes it attractive for a customer in Ireland to drive across the border.
And I am sure you understand that a zero tariff bike bought from China into the north might be cheaper than an EU 55% tariff paid bike into the south,hence why I think it is certain that the EU will extend these high tariffs to e-bikes bought into the UK. Don't think that these tariffs will be eliminated post Brexit as the EU undoubtably will make any EU-UK trade deal to continue these tariffs,May will find the money attractive.
Ask any Irish business located near the border is already having a torrid time.
Look on Sky TV news at the moment ,sensible people ,including the future possible Irish PM,are very worried about Brexit's effect on the Irish economy....Ireland is a big customer of the U.K.
KudosDave
Who is the future possible Irish pm ? We just got a new one, and he still has his learner plates on.?
 
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Kudoscycles

Official Trade Member
Apr 15, 2011
5,566
5,048
www.kudoscycles.com
I am pretty certain that you can continue selling your compressors to EU customers more or less as before.
Your compressors are certified to EU standard, therefore can be sold into EU countries and the UK.
They may attract extra duty that your customers will have to pay if sold to EU customers after you have already paid duty to import into the UK but there will be duty rules for re-exporting. You are not going to lose sleep over it. It's no different than selling your compressors to Morocco or Russia.
If there is anti-dumping levy on your alloy wheels in the EU and not in the UK, your Ex VAT price will be the same for EU and UK customers, UK customers will pay the VAT while EU customers will pay anti-dumping levy on top of their VAT as if they import straight from China, same rules of origin are observed not to distort the market.
The following notes explain how to recover duty and VAT:

https://www.gov.uk/duty-relief-for-imports-and-exports
That's a lot to take in one posting.
We don't know that the EU will let us use their standards,no more than they will let us use EN 15194 in the UK,I suspect they will want that to continue otherwise the Germans will not be able to sell e-bikes in the UK....they may insist on all UK bikes being tested before being allowed into the remainder of the EU.
I never lose sleep over business,those days long gone.
Margins on most Chinese products are pretty tight these days,any extra duty into the EU would kill sales against direct imported product,you know that.
We are not certain that May will scrap anti-dumping duty on product sold in the UK post Brexit....in fact to protect farmers from say New Zealand lamb being dumped in the UK she may invent a few new duties.
My attitude is better the known not the unknown.
KudosDave
 
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Kudoscycles

Official Trade Member
Apr 15, 2011
5,566
5,048
www.kudoscycles.com
Who is the future possible Irish pm ? We just got a new one, and he still has his learner plates on.?
Sorry,just heard a young Irish guy,good looking guy on Sky....I thought they said he was a possible but may have misheard and he may be your current one. He was certainly very concerned about current and future Irish trade,both now and post Brexit.
KudosDave
 
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