Brexit: New scheme will allow businesses to reclaim tariffs
BBC By John Campbell
BBC News NI economics and business editor
A long-awaited post-Brexit scheme allowing Northern Ireland businesses to reclaim tariffs on certain goods will begin operating at the end of this month.
Tariffs are a form trade tax paid by importers of goods and have been applied to goods classified as 'at risk' of moving into the European Union (EU) via Northern Ireland.
But there has been no way for traders to be reimbursed if they could subsequently prove the goods did not enter the EU.
The government says a reimbursement scheme is now possible due the Windsor Framework, the revised deal for NI agreed by the UK and EU earlier this year.
Tariffs will be repaid where traders are able to provide evidence that goods were sold or used in Northern Ireland, moved elsewhere within the UK or exported outside of the UK or EU.
