When importing non controlled EU goods, U.K. businesses can opt to use the Delayed Declaration Scheme instead of full customs declarations usually required at the point of import.
The scheme was originally made available to businesses until 1 July 2021. As part of the measures announced by the government in March, a further 6 month extension has been granted in respect of the Delayed Declaration Scheme.
UK businesses now have a longer period (until 31 December 2021) in which they can opt to defer EU import declarations of non controlled goods. Accurate internal records must be kept detailing all imports, known as entry in the declarant’s own records (EIDR).
175 days after importing EU goods into the U.K. and completing the EIDR, a supplementary declaration must be submitted to HMRC using the Customs Handling and Import of Export Freight (CHIEF) system.
If you are registered for U.K. Value Added Tax (VAT) you should estimate and account for import VAT when importing goods. HMRC guidance on accounting for import VAT can be found using this link.
You can decide to appoint a customs agent such as Tudor International Freight to make all necessary customs declarations on your behalf.
In line with The Trade and Cooperation Agreement (TCA) agreed on 24 December 2020, the EU has been implementing full checks on goods exported from Great Britain to the EU from 1 January 2021.
If you would like advice regarding the changes to importing and/or exporting to/from the EU, please contact us at Tudor International Freight, on 0333 1234 747 or email firstname.lastname@example.org.
About Us - Tudor International Freight
Established in Horsforth, Leeds, back in 1991, we are a logistics company who are experts in road, air and sea freight. We transport goods to most major cities, towns and suburbs across all 6 continents. We go over and above to ensure that our client’s products, goods and cargo are transported around the world safely and successfully. We are a family business, who are still based in Horsforth, Leeds, West Yorkshire.