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Mythbust

100% of UK firms aren’t following 100% of EU laws

by Sam Ashworth-Hayes | 04.05.2016

Myth: The UK “must apply 100% of EU regulations to 100% of its economy”.

InFact: Firms only have to obey those rules that apply to them. So a newsagent or a fish and chip shop wouldn’t have to worry about EU rules on olive growing – unless, of course, they wanted to branch out. What’s more, very small businesses have extensive exemptions from EU rules anyway, for example accounting rules.

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This article is an adaptation of a piece that previously appeared on InFacts.

Edited by Hugo Dixon

Categories: Red Tape