Friday, 20 February 2015
The Farage Tax - UKIP's threat to Britain's economy
My company has just
imported £800 worth of components from the Far East to be used in
the manufacture of electronic products to be built in Leicester. UK
customs have issued me with no less than 13 pieces of paper, and I
have been charged £35 import handling fees. Had I imported the same
components from the EU no paperwork would have been issued, and no
charges would have been levied. That is because the Maastrich treaty, delivered by a Conservative Government, created the Single
Market that has abolished swathes of regulations, removed trade
barriers, pointless paperwork and costs. I have now paid a
surcharge of almost 5% of my costs because the country of origin was
not in the EU. I call
this 5% surcharge the Farage Tax – it is a cost burden that every
business in Britain will have to bear on every transaction with a
company in EU the minute that UKIP get their way. The same charges
are levied on trade with Norway and Switzerland, so a Free Trade
Area would make no difference. UKIP want to impose costs, bureaucracy
and taxes on British Business. UKIP are a threat to
Britain's economy and British jobs, which is why every credible business organisation
does not want Britain to leave the EU. Thankfully The Conservative
Party, The Labour Party and the Liberal Democrats are all committed to
Britain staying in the EU, as are the majority of the British public.
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