UK HMRC Customs Declarations Guide

Published on: Jan 9, 2025

On Jan. 7, UK HMRC updated guidance on exercising due diligence.

  • UK HMRC updated guidance on due diligence when making customs declarations.
  • Your responsibilities as a customs agent section updated to include information on agreeing with your trader how the incurred import VAT is accounted for to UK HMRC.
  • Summary
  • Guidance includes customs trader responsibilities, appointing a customs representative, spotting potential supply chain fraud, responsibilities as customs agent.
  • Using duty relief or suspension procedure, reduce risk of tax evasion and reporting it.
Regulators
UK HMRC
Entity Types
CNSM; Corp
Reference
Gd, 1/7/2025
Functions
Compliance; Financial; Fraud; Legal; Operations; Reporting; Tax
Countries
United Kingdom; Cross-Border
Category
Central Government
State
N/A
Products
Commodities; Corporate
Rule Type
Guidance
Regions
EMEA
Rule Date
Jan 7, 2025
Effective Date
Jan 7, 2025
Rule ID
239450
Linked to
N/A
Reg. Last Update
Jan 7, 2025
Report Section
UK