HMRC has updated its guidance on how to pay Customs Duty, Excise Duties and VAT on imports from outside the UK.
The document covers, inter alia:
- using a duty deferment account
- setting up cash accounting
- use of a general guarantee account
- authorising someone to use your deferment, cash or guarantee account
- making immediate payments
- using postponed VAT accounting
- obtaining an import VAT certificate
The update includes the removal of references to the Customs Handling of Import and Export Freight (CHIEF) system, as all import declarations must now be made through the Customs Declaration Service.