Small companies overwhelmingly say that the Brexit commerce deal has not helped them to extend exports to the EU.
Seventy-one per cent of SMEs that export say the EU commerce deal has not enabled them to develop gross sales.
Only one in eight of all small companies assume the Commerce and Co-operation Settlement (TCA) has been useful.
Nearly all of 1,000 small companies surveyed by the British Chambers of Commerce assume the Brexit deal has pushed up prices, elevated paperwork and delays, placing the UK at a aggressive drawback.
>See additionally: Lower Brexit pink tape, BCC tells authorities
Smaller companies particularly shouldn’t have the money and time to take care of the forms it has launched.
Half of the 1,154 companies surveyed mentioned they exported.
The BCC survey was carried out between mid-January and early February this 12 months, a little bit over a 12 months since an settlement was struck on Christmas Eve in 2020.
William Bain, head of commerce coverage on the BCC, mentioned: “”These smaller companies are feeling many of the ache of the brand new burdens within the TCA.
“Many of those firms have neither the time, workers or cash to take care of the extra paperwork and rising prices concerned with EU commerce, nor can they afford to arrange a brand new base in Europe or pay for intermediaries to symbolize them.”
>See additionally: Calls to increase complicated Brexit Help Fund
The BCC is urging the Authorities to achieve a brand new understanding with Brussels on sure guidelines so it will possibly fulfil its ambition to massively enhance the variety of British firms exporting.
“If we will unencumber the movement of products and companies into the EU, our largest abroad market, it can go an extended technique to realising that aim,” Bain mentioned.
The organisation is looking for a brand new deal on export well being certificates which “value an excessive amount of and take up an excessive amount of time for smaller meals exporters”. It desires the smallest companies to be exempted from necessities to register in a number of EU states for VAT as a way to promote on-line to clients there. The Authorities has additionally been urged to make “facet offers” with the EU and members states to spice up entry for British enterprise journey and work actions.
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