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Leaving the EU?
Comments
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I'm really weary of changing the status quo. We've spent decades making this system work for us and I just feel that nobody can say how much we'd gain or lose by leaving the EU because nobody knows. Everyone is just guessing and, you know what? I'm not a gabler. We MAY end up benefiting, but we may equally end up with a totally destroyed economy.
We could end up like Jersey or Gurnsey in that we're just a massive tax haven. Great for the city of London, if you're in banking, but no other industry in the whole of the country. On paper we'd be hugely wealthy but only for the top 0.001%
I don't know.
Nobody knows.
Are you prepared to gable EVERYTHING? Our whole future?
I'd rather stick with the devil we know.
But that's the point, if we have the same relationship with the EU as Norway does, we don't have this 'in' or 'out' gamble. We take the best bits of the EU and leave out the others. Norway (and I think Switzerland) are outside the EU but still get the benefits of free trade and travel for EU citizens.
Norway is a member of the European Economic Area and European Free Trade Association. It's also a member of the Schengen Area which the UK is not a member of, though we could join this or decide to negotiate free travel agreements with individual countries.
Just because we leave the EU doesn't mean we can't be members of the free trade agreements. We'd also be free to join additional free trade pacts such as NAFTA.
Here's an excellent diagram showing how we could be outside the EU but still within a trading pact within europe.0 -
The arguments apply to the UK leaving the EU like Scotland leaving the UK. There won't be any sweetheart deals.0
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Why is that solely because of the EU?
Because the EU rules allow this.
We cannot change them. If we were out of the EU, we could change how companies trade here.
Simple as that really.
All the lost potential tax is never catered for in any calculations which prove we are better off in the EU.0 -
The arguments apply to the UK leaving the EU like Scotland leaving the UK. There won't be any sweetheart deals.
Poor argument in my view. It just says "there won't be" and that's that.
Thing is, this has been said time and time again. It was last said when Cameron went to negotiate with the EU on a reduction, and forced it through.
We simply don't know what deal we would get. We are, remember, one of the EU's largest customers.
It's nothing like an independant Scotland.0 -
Absolutely, it quite literally opens the world of opportunity for the UK.OffGridLiving wrote: »Just because we leave the EU doesn't mean we can't be members of the free trade agreements. We'd also be free to join additional free trade pacts such as NAFTA.
We're fast decoupling with Europe regardless of all these arguments anyway.0 -
Graham_Devon wrote: »Because the EU rules allow this.
We cannot change them. If we were out of the EU, we could change how companies trade here.
Simple as that really.
All the lost potential tax is never catered for in any calculations which prove we are better off in the EU.
1. Which EU rule allows this? Can you provide a link?
2. If we were out of the EU, how would that be beneficial to the UK? Is Amazon going to give up their Luxembourg affiliate because the UK leaves? Where's the logic in that?0 -
Because EU rules dictate that Amazon or Google can legitimately filter UK sales through lower tax members like Luxembourg or Ireland, depriving the UK of VAT and making it impossible for local businesses to compete.
EU rules say that companies can make transfer payments to cover costs such as brandmark licensing or royalty fees. If these are excessive then they represent tax evasion and should be challenged by HMRC.
I'd be looking a little more closely at how HMRC police this rather than just blaming the EU.0 -
EU rules say that companies can make transfer payments to cover costs such as brandmark licensing or royalty fees. If these are excessive then they represent tax evasion and should be challenged by HMRC.
I'd be looking a little more closely at how HMRC police this rather than just blaming the EU.
A bit like saying we can deport people really."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0
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