UK votes to leave EU

This morning brings the news that the UK people have voted to exit the EU. How does this impact you and us?

Putting the political issues aside. A timeline of 2 years is now set for the UK government to negotiate terms of the exit from the EU. So in the immediate future nothing will change. There will still be free movement of goods to and from the EU, there won`t be import duties applied and VAT will still be charged at 20%. For those EU business customers with VAT numbers you won`t be charged VAT as per normal.

Hi-Fi Collective Ltd will still trade as it has always done providing you with fabulous products, great prices with a second to none customer service. We will keep you informed through our newsletters and articles published on our home page of any changes that the EU exit will bring to you. We will still remain a global player in the audio grade component market.

 Happy DIYing
 
Nick Lucas