Brexit tax burdens on UK exports cause SMEs to re-assess operating models
Categories SMEs seeking to mitigate Brexit side-effects on exports could re-assess operating models to tackle the risk of a double tariff, with some establishing European hubs, according to market participants. “What we’ll see in the longer-term, potentially starting quite soon, will be businesses reassessing their operating model in light of the new reality,” says Tom Rathborn, senior manager, Political and Economic Affairs at RSM. “If you’re a UK distributor bringing products in from China into the UK and then back to Europe, that model isn’t as efficient as it was. You would be...
Source: accountancyage.com