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January 21, 2021 11:46 am Trade flows between Great Britain and Ireland are operating at approximately 50% when compared to the same period in 2020, according to Revenue. In a statement to AgriLand, a spokesperson for Revenue explained: “There are several factors that are influencing this including the significant levels of stockpiling that were seen in advance of the end of the transition period, trade moving to direct routes to the continent as well as restrictions relating to Covid-19.” The representative added that some businesses which are in a position to do so “may also be adop...

By Ciara Dillon – head of food/drink and agri-business, tax director, BDO Ireland A new era has dawned; Great Britain (GB) has left the EU Single Market and Customs Union. As a result GB no longer benefits from the free movement of goods within the EU. While the deal struck on Christmas Eve provides for tariff and quota-free trade for goods originating in the UK or EU, non-trade barriers still exist for agri-business in both Ireland and GB. As part of the overall agreement, trade between the Republic Of Ireland (ROI) and Northern Ireland (NI) remains unchanged. However, new rules have been ...