Duty Calls - Avoiding Customs Problems
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12th August 2013
We assist many businesses with the Customs affairs but still
find that new clients are often unaware of the rather stringent
requirements the EU (via HMRC) place on importers - it pays to be aware!
Although there are only a limited number of issues involved
with Customs declarations, the rules surrounding those issues are very
complex and many businesses are not fully aware of those rules
especially when dealing with Customs Reliefs which may be applied for.
This is of concern given that the EU's approach is that if
they have published something on a Customs issue then they consider
that any importer affected will be aware of the issue, even when the
information is hard to find for importers.
Add this to the fact that from discussions with HMRC Customs
inspectors we have been told that they are increasingly having pressure
put on them by the EU to adhere strictly to the rules and are not, for
example, use their discretion which has previously been allowed and
there is a strong message for importers to ensure that their Customs
affairs are fully thought through.
Given that duty is often a sticking cost to a business; i.e.
it affects bottom line as well as cash flow, it will be worth any
importing business to consider how it operates to ensure it has no
In view of the apparent disconnect between the complex rules
and how businesses often view Customs, often leaving matters to their
freight forwarder, we urge any business to act proactively in Customs
About the Author
VAT People are leading VAT and Customs Duty
consultants based in the
North West of England. We work with a wide range of businesses
throughout the UK as well as assisting our accountancy colleagues to
unravel the thorny VAT issues for their clients. We are one of the UK's
largest and most comprehensive sources of VAT and Customs advice, our
consultancy team having over 140
years of experience in VAT and Customs
gained in either HMRC or a Big 4 accountancy practice environment.
Call us on our VAT helpline 0800 077 4604 to discuss. All initial discussions are free with no-obligation.
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Article Published/Sorted/Amended on Scopulus 2013-08-20 13:02:34 in Tax Articles