Import declarations will no longer be accepted after the 30th of September 2022, and for exports, declarations are closing after the 31st of March 2022. You should start preparing for the Customs Declaration Service.
Compared to the Customs Handling of Import and Export Freight system (CHIEF), the Customs Declaration Service (CDS) offers an enhanced service, a better user experience, and a host of specialist functions.
All goods can be declared on one platform simultaneously which reduces operational costs and reduces the administrative burden of two separate systems. All declaration data is free of charge so it's easy to access import/export data, check tariffs and review financial statements.
To use the CDS, you must:
Register for a Government Gateway account (if not already registered)
Obtain an Economic Operator Registration and Identification (EORI) number (businesses currently importing or exporting should already have this)
Obtain a Unique Taxpayer Reference (UTR) number (businesses registered for corporation tax or self-assessment should already have this)
You will also need specialist software to access the CDS.
If you use an intermediary for your customs declarations, you must ensure they are able to submit declarations via the CDS on your behalf. If you want to submit your own declarations then HMRC has software available for download on their website.
There are also several payment methods available through the CDS to clear goods for import. These include a duty deferment account, Postponed VAT accounting for imports, cash accounting and immediate payment via card, BACS or direct bank transfer.
It is worth remembering that currently, anyone moving goods between Great Britain and Northern Ireland can still use the Trader Support Service for customs, safety and security declarations, though this may change if the Government makes alterations to the Northern Ireland Protocol.
Until next time ...
ROGER EDDOWES Business Godparent
Would you like to know more?
If anything I've written in this blog post resonates with you and you'd like to discover more about the Customs Declaration Service, it may be a great idea to give me a call on 01908 774320 and let's see how I can help you.
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Roger trained at Edward Thomas Peirson & Sons in Market Harborough before working at Hartwell & Co, followed by Chancery, as a partner. He started Essendon Accounts and Tax with Helen Beaumont in 2014 as a general practitioner with a hands-on approach.
Roger loves getting his hands dirty, working with emerging, small-to-medium and family businesses to ensure they receive the best possible accountancy advice. Roger utilises an extensive network of business contacts to leverage the best guidance and practical solutions.
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