Ireland and Brexit

The Central Statistical Office (CSO) in Ireland has published a paper “Brexit: Ireland and the UK in numbers”. A special concern for Ireland is the impact on customs duties, VAT and other tax revenues and what happens to the free-movement Ireland-UK border, which is decades older that the EU’s.
The CSO figures show that for 2015 13.9% of goods exported went to the UK and 25.7% of imports came from the UK.
For the same year visitors from the UK accounted for 41% of all overseas trips to Ireland by non-residents and accounted for 23% (€971m) of total visitor expenditure (excluding fares).
Good to see some solid data on the impact of Brexit, as against the Remoaners project fear #2 and spin.

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
This entry was posted in Tax and Accounting News and tagged , , , , , , . Bookmark the permalink.

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