An HMRC seminar for businesses looking to store goods with duty and import VAT suspended
Are you buying from outside the EU now?
Will you be buying from the EU after the UK leaves the EU?
To continue to support businesses with buying raw materials and stock from overseas, HMRC can help importers to store goods in the UK with duty and import VAT payments suspended.
This seminar will take a look at Customs Warehousing, a process which allows authorised traders to store goods with duty or import VAT payments suspended, until such time they are sold or the goods are no longer required to be stored.
- What is a Customs Warehouse?
- Benefits, responsibilities, administration and operational requirements
- Authorisation Process
- HMRC compliance and checklist – is it for my business ?
Who is this seminar for?
UK traders buying from outside the EU.
Important: This may become particularly relevant to companies that currently trade predominantly with the EU, where there are currently no tariffs on UK imports from the EU.