Northern Ireland Protocol: Implementation Proposals

Part of the debate – in the House of Commons at 12:45 pm on 18th November 2020.

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Photo of Stephen Farry Stephen Farry Alliance, North Down 12:45 pm, 18th November 2020

I am concerned that the conclusion of the Joint Committee work is being overly conflated with the future relationship negotiations. There is also an emerging issue around the loss of access to the VAT margin scheme for used cars sourced in Great Britain for sale in Northern Ireland, which entails VAT on the full value, rather than just the profit margin. Will the Minister undertake to have urgent discussions with HMRC to find a resolution to that problem?