When the UK government announced that it had agreed a Free Trade Agreement (“FTA”) on 24 December 2020, there was a collective sigh of relief from businesses in both the UK and the EU which, until that point, had been bracing themselves for a no-deal Brexit. However, the FTA agreement has proven to be more complex than initial reports had us believe. As details of the agreement emerge it is apparent that the FTA agreement has led to significant complexities and unforeseen costs for businesses. [...] Read More

Over the past 12 months, the VAT & Customs team in Dains have been working with clients, providing practical and commercial advice on how to deal with the BREXIT transition. [...] Read More

We are concerned about the plight of the smaller businesses across the UK including the c. 3m who are not eligible for the government’s existing grants, and have therefore been excluded from the financial support measures thus far during COVID-19. [...] Read More

You may have seen in the news that Percy Pig became an unexpected, early casualty of Brexit as import duty became chargeable on supplies made into the Republic of Ireland (“ROI”) from the UK. The reason for this is that Percy Pigs are manufactured in Germany and then imported into the UK before being moved back into the EU. [...] Read More

Don’t be fooled into thinking that with a trade agreement in place between the UK and the EU that we have frictionless trade. Brexit created a hard tariff border around the UK and with it, rafts of paperwork and additional administration. [...] Read More

The Supreme Court has handed down its judgement today in the Financial Conduct Authority (“FCA”)’s business interruption insurance test case. The Court’s findings are substantially in favour of the policyholders. [...] Read More