News / Fashion returns bound up in post-Brexit red tape, raising costs for SMEs

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Refusals and returns represent a major impediment to UK SMEs seeking to re-establish an EU foothold, with many considering the US an easier market.

Owners of both an independent record label and fashion label said they had received scant advice from HMRC in the run-up to Brexit, the latter noting that webinars had been designed for larger businesses.

“We’re an SME and we were being directed to watch a webinar discussing weapons exports to the EU, much bigger operations than ours,” the ...