Oireachtas Joint and Select Committees
Thursday, 25 May 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Brexit - Recent Developments and Future Negotiations: Discussion (Resumed)
10:00 am
John McGuinness (Carlow-Kilkenny, Fianna Fail)
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-----if they buy online and if they buy from the UK, which most of them do. If one is using Amazon UK or something else to buy parts, that will affect them on cost. First, there will be a time factor. They will have to order earlier and they will have to carry the burden of the cost of that longer. They will have the extra costs of getting it in. They would rely on the courier companies to have the facilities to get that through properly, with the collection point of taxes or whatever else there might be. There will be that cost on the SME sector. There will be another cost on the courier company because it must have everything correct and proper. There is an enormous cost here and an enormous risk for the economy-----