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13th May 2022, 19:16

​GFSB welcomes Treaty negotiations update

The Federation of Small Businesses says it welcomes the announcement that an update on the current state of Gibraltar’s Brexit negotiations will be given to parliament on Monday.

It says it looks forward to clarification on some of the big issues for business on Monday including, whether or not businesses can expect to have to deal with VAT or an equivalent tax as part of the agreement.

The Federation says the lengthy and ongoing negotiating process is causing a great deal of uncertainty for business and believes it is paramount that negotiations are concluded as soon as possible.