CLEAN : Brexit paperwork sours Belgian beer exports to UK

The video discusses the VAT implications for beer purchases in Belgium, highlighting the 20% VAT for orders under €150 and additional taxes for larger orders. Due to Brexit, shipping to the UK has been halted temporarily as companies adjust to new regulations. The export market faces challenges, but adaptation is expected over time. A key discussion revolves around who bears the tax burden, with clients often willing to pay. The transition to new trade rules is ongoing, with improvements anticipated as stakeholders become accustomed to the changes.

What is the VAT rate applied to beer purchases from Belgium under €150?

• 10%

• 20%

• 25%

• 15%

What additional taxes are applied to orders over €150?

• 50% import tax

• 70% import tax

• 30% import tax

• 10% import tax

Why did the shipping of beer to the UK stop after Brexit?

• New trade agreements

• Unprepared shipping companies

• Increased shipping costs

• Lack of demand

What is the main challenge in the initial months after the Brexit deal?

• High demand for Belgian beer

• Lack of shipping companies

• Uncertainty and adaptation to new regulations

• Increased production costs

Who is primarily responsible for paying the taxes on imported beer?

• The seller

• The shipping company

• The client

• The government