Getting ready for Brexit
AS NEGOTIATIONS OVER the UK’s withdrawal from the European Union begin British Marine, the national boat-building and marine trade body, has identified three main areas where it sees a likely impact on the industry, and will be working to ‘ensure the marine industry’s voice is joined up with the wider business community’ to achieve the best outcome.
BM aims to work with the Government, the Confederation of British Industry and other trade bodies on issues including: • The value of free movement of labour. BM believes that the marine industry employs significant EU nationals in skilled, but non-graduate, roles – and is keen to ensure that the industry’s access to this skilled labour is not negatively impacted by the Government’s focus on graduate labour. • VAT and Customs procedures. BM is working with HM Revenue & Customs, the Treasury and members of British Marine Boat Retailers & Brokers to consider tax and customs arrangements for movement of boats through post-Brexit UK. • The Great Repeal Bill. With some 19,000 pieces of EU regulation set to be moved into UK law, BM is looking for possible benefits from amending or dropping some of them.