I did not expect a conversation about training discipline to make me rethink the way I run my working week. But that is the thing about the Gibraltar Federation of Small Businesses’ Wellness event series: it has a habit of leading you somewhere you did not anticipate when you walked in.

From cocoa price spikes hitting bakeries to wholesalers reworking supply chains and retailers warning that increases are inevitable, David Revagliatte speaks to businesses across sectors about the real maths behind the Treaty. With Transaction Tax replacing import duties and margins already tight, some are absorbing what they can. Others say that is no longer realistic.

As a qualified accountant and Finance Director who has spent many years in the insurance industry across various jurisdictions, I have often thought about what it means to “give to gain.”

The Government has announced a package of measures designed to support retail and wholesale businesses during the early implementation phase of the UK–EU treaty for Gibraltar. The measures were outlined by the Chief Minister in Parliament and are aimed at helping firms manage the transition when the treaty is provisionally expected to take effect from 10 April.

This Structure Guide is designed to make reading the draft Treaty text easier. It tells you exactly which sections relate directly to trade, business, residency and economic regulation, so you can go straight to what matters most without having to work through the entire document line by line. Over the coming days we will publish further detailed analysis. For now, this guide retains all the core structural information and signposts the provisions most relevant to business.

GBC has published a detailed analysis of the full UK–EU Treaty text, breaking down what the agreement means in practice. Below, we’ve extracted the elements most relevant to businesses, focusing on the operational, customs, border and regulatory changes that will shape day-to-day trading.

GFSB members are being invited to review a detailed submission sent to HM Government of Gibraltar on 23 February 2026 outlining lawful ways to ease the impact of VAT-style taxation on SMEs under EU State aid rules. We are strongly urging our members to read the full submission and share feedback. Clear, practical and legally robust solutions will depend on detailed sector input before any policy decisions are finalised.

Gibraltar’s business community have jointly called on the Government of Gibraltar to take urgent action to support local businesses ahead of the implementation of the UK-EU Treaty on 10 April 2026.

A packed-out Gibtelecom Conference Hall saw GFSB and Chamber members gather for a Brexit Treaty Members Forum intended as a listening session. It quickly became clear that this was less Q&A and more “questions and questions”. There are still many unknowns, and anxieties are running high.