Got my EORI number sorted - trying to sort out a VAT and duty deferment account BUT due to the amount of traffic and high value of the equipment we bring in HMRC require a £2.5 million bank guarantee!!! When our balance sheet is c£500k getting a £2.5m bank guarantee is impossible.
The issue being that VAT will be levied on the VALUE of the goods we bring in, not the cost of renting them.
We have looked at 'rehoming' a quantity of equipment here, we have a large warehouse, but UK market is so fickle it is likely we will stock the wrong gear, besides the UK market alone isn't big enough to maintain adequate utilisation to pay for the gear.
If UK leaves the SM I can see us going bust within a month.