Spanish exporters receive letters warning them of fallout from no-deal Brexit

SPAIN’S tax office has warned Spanish businesses of the potential consequences of a no-deal Brexit.

The Hacienda sent letters to thousands of export companies with tips on how to adapt to the worst case scenario should the UK leave the EU on March 29 without a deal.

The warning details how a no-deal would mean trade flows between Spain and Britain will ceased to be considered internal European transactions and will be subject to customs formalities.

“Brexit could have a significant effect on your organization and its logistics flows,” the letter reads, “If there is no exit agreement that includes a transitional period, this will mean that on March 30 the UK will leave the single market and the customs union.”

The number of Spanish companies exporting to the UK grew by 8% between 2012 and 2017 to 11,695 businesses.

The UK was the fifth top destination for Spanish exports in 2017, after France, Germany, Italy and Portugal.

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Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

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