Brexit supply chain grid: Imports and exports

Brexit means imports and exports between the UK and Singapore could become easier!

Grant Thornton has prepared a high-level analysis, from a VAT, GST and Customs Duties perspective, of the potential impact of Brexit on supply chains involving the UK and other EU countries. The analysis assumes that the UK will not form part of the Customs or VAT territories of the EU and the analysis could differ depending on precise incoterms and transport arrangements.