This update contains the specific completion rules instructions for each 3-digit Import Additional Procedure Code that can be used in Data Element (DE) 1/11 for Customs Clearance Requests (CCR) C21i.
Full details about Duty Deferment and what you need to do.
The proposed CSE policy change has now been implemented.
Here you can find the full right up from the 2021 AGM.
Here are some helpful steps that you should follow.
Postponed VAT Accounting (PVA) allows UK VAT registered importers to account for and recover import VAT on their VAT return. PVA is available permanently and we expect that most businesses will choose to use it, because it provides significant cash flow benefits compared to the alternative of paying the import VAT when the goods are imported.
To support UK traders, HMRC will introduce two new VAT e-commerce IT systems to link with the new EU-wide IT systems.
The EU’s e-commerce package, which starts on 1 July 2021, will mean changes to the Business to Consumer (B2C) sale of goods between Northern Ireland and the EU, and the import of ‘low value’ B2C goods into the EU or Northern Ireland from outside the EU.
The EU’s VAT e-commerce package is a series of measures being implemented in stages and intended to simplify VAT rules on the cross-border sales of goods and services to final consumers based in the EU.
A temporary policy change is being planned to support businesses exporting goods via RoRo ports and the Channel Tunnel.
Secretary of State of International Trade, Liz Truss, speaks at DLA Piper about the UK’s future outside the European Union.
Use this tool to find out what options you have to delay sending HMRC information about goods and paying Customs Duty when you move them into or out of Great Britain (England, Scotland or Wales).