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Brexit :(

This topic contains 6 replies, has 4 voices, and was last updated by  BuckoA51 1 year, 3 months ago.

Viewing 7 posts - 1 through 7 (of 7 total)
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  • #7683

    BuckoA51
    Keymaster

    Regrettably it seems the British public have voted for Brexit. This is terrible news for us, but it won’t mean the death of OSSC of course. I feel too numb to do much of anything today, but I’ll talk over options with Marqs in the coming days.

    Remember, negotiations to leave the EU will take years, so apart from the price increasing a little on the unit (this will only affect UK customers in real terms, since other currencies will be stronger against the £) it’s really business as usual for now, just with this big cloud of gloom hanging over us….. 🙁

    #7684

    blizzz
    Participant

    But doesn’t it also mean that EU countries will have to pay import tax for purchases from the UK? That would be an extra 19% for German customers for example.

    #7685

    Harrumph
    Participant

    Britain can still be in the common market under special agreement, like Norway and Switzerland is.

    #7686

    blizzz
    Participant

    Yea, the UK will likely stay in the EEA, but that still means that you have to pay import tax. Anyway it will probably take a couple years before anything changes, even though the EU will force the UK government to make a decision soon.

    #7689

    Harrumph
    Participant

    Hmm ok, maybe I’m not as informed as I’d like to think then, but afaik we (here in Sweden) don’t pay import duties for goods from Norway, so I thought the same would apply with Britain.

    #7690

    eric90000
    Participant

    The OSSC is made in Finland right? That’ll be a real shame if people in the EU have to pay import duty to obtain it, although as Bucko said it likely won’t be for a year or two until any sort of change happens with the current UK situation and their place in the EU single market is altered. Hopefully I can get a hold of one in the meantime 🙂

    #7691

    BuckoA51
    Keymaster

    I discussed this in some detail last newsletter, as Harrumph points out, if we strike a deal to stay in the single market like Norway and Switzerland, all my worries go away (at least with regards to the business side of things, I was 100% remain so pretty devastated anyway) and I can continue to import/export to EU member countries without worrying about duties.

    If we fail to do this however, then things get more complicated and we might need to look at finding another distributor, though obviously I’ll do everything in my power to avoid that.

    It’s tricky to predict. On one hand, EU doesn’t want a long period of uncertainty, on the other hand, giving UK preferential treatment after such a snubbing could lead to other countries wanting to break away and get a different deal.

    Minimum negotiation time is 2 years after we formally submit our withdrawal, This can be extended, so no need for immediate panic.

    I can only apologise on behalf of the British people, I love cooperation between UK and Europe, I believe we’ve made a big mistake, but time will tell I suppose.

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