The number of UK businesses exporting goods to the EU fell 33 percent to 18,357 in 2021, from 27,321 in 2020, according to data from HMRC. Discussing the figures with City A.M. , Michelle Dale, a senior manager at accountancy firm UHY Hacker Young, pointed out the fall is due to the extra red tape UK businesses must now comply with when exporting to the EU. “Businesses are not getting enough support from the Government to navigate the post-Brexit trading minefield,” she said. “A lot of SMEs can’t afford professional advice to cope with Brexit-related red tape. Many are likely to have decided trading with the EU is not worth the cost,” Dale added. “Fewer UK companies exporting to the EU will result in lost opportunities for growth and expansion in Europe.” HMRC response In a response to the findings, a spokesperson for HMRC told City A.M. : “We […]