Trump - Educated Stable Genius. Brexit VAT Import Problem

Winter trees

It's good news that President Trump has confirmed in tweets and interviews that he is a highly educated and successful stable genius, countering the 'Work of Fiction'. The book fire and Fury still dominates some of the headlines, but there are no new revelations. It looks as if the administration can just sit out the current focus until it is pushed aside by other news. sdly, this has detracted from other real decisions that might have been made in his discussions with Republican leaders in Camp David.

On the Brexit side, media and Nicky Morgan, chair of the all-party Treasury select committee, have suddenly become aware of the possible VAT changes. If the UK leaves the EU and customs union, HMRC will require companies to pay VAT and possibly additional duties on goods that have entered the UK, before they are released to you as a business. Currently, with goods coming from within the EU, you still have to pay VAT, but this is deealt with in your VAT declarations later. A bill relating to the subject is being debated in parliament on Monday. The current VAT rules for non EU imports can be viewed here: https://www.gov.uk/guidance/importing-goods-from-outside-the-eu.

Working on a little craft project today and generally taking it easy.