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Mail Online: HMRC’s claim that post-Brexit red tape could cost firms £20bn criticised

Dr Graham Gudgin, Honorary Research Associates at the Centre for Business Research, Cambridge Judge Business School, has criticised the calculations released by HRMC. It says that Max Fac or maximum facilitation would cost Britain between £17 and £20 billion and take up to three years to bring in. Dr Gudgin said the figures are “hugely inflated” and the final cost is “more likely to be around £2 billion.”

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