EY: Hungarian companies have a lot to do because of Brexit

By: Trademagazin editor Date: 2020. 02. 06. 11:11

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Hungarian firms have a lot to do with Brexit, with the UK’s exit from the EU. It will most affect the issue of customs and VAT, says EY in a statement sent to MTI on Thursday.

According to some calculations, the number of customs clearance due to Brexit could increase from the current 55 million to 255 million after the end of the year. Border and customs control time is thus increased and transport times in international trade are extended. (MTI)