Belfast Telegraph

Small Irish border farms may get tax-free status: Davis

By Harriet Line

Farms and small businesses that straddle the Irish border could be given tax-free status, the Brexit Secretary has said.

David Davis said "quite large exemptions" may be granted to businesses that are not given authorised economic operator status - "trusted traders" - to enable trade to continue between here and the Republic.

In an interview with Gerard Baker, editor in chief of the Wall Street Journal, Mr Davis said one "area of difficulty" was "very small businesses" straddling the border, such as farms and "tiny" companies.

"That is going to have to be addressed.

"We think, in the first case by quite large exemptions, so in effect we will give them tax-free status," the Brexit chief added.

Belfast Telegraph


From Belfast Telegraph