'Post-Brexit Vat costs could hammer importers'

'Post-Brexit Vat costs could hammer importers'
Warning on post-Brexit Vat regime. Pic: Getty

Two accountancy bodies believe a potential upfront Vat liability could be 'quite substantial' for some importers and could obliterate the cash reserves of a business

Two accountancy bodies from both sides of the Irish Sea have come together to call for new legislation to ease the Vat burden on importers after Brexit.

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