Q&A  

How will Brexit affect manufacturing firms?

With uncertainty over the UK’s post-Brexit cross-border regime and the length of any transitional period, this leaves businesses in a catch-22 situation.

Waiting until the end of the negotiation period may not leave much time to implement new systems before rules and trading arrangements change.

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On the other hand, until it is clear what the new regime will be, it is difficult to know what changes to make.

Ben Chaplin is managing director of Croner Taxwise