Comment: bonded warehouses a way around Brexit red tape, but do your sums

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Our exit from the European Union and the Covid pandemic have fuelled a surge in demand for warehouse space among retailers and logistics providers. More and more importers are considering bonded or customs warehousing as a solution to the extra duties and red tape thrown up by Brexit.

Bonded warehousing allows you to delay paying customs charges and VAT on goods imported from outside the EU until they are removed and sold. This offers significant cashflow benefits to businesses and owners ...