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Customs Digest: Quick bites

We've compiled a list of 'Customs Quick Bites' for you to consider both now and in the future.

  • The deadline for extending the transition period following the UK’s departure from the EU expires on 1 July 2020.
  • Traders holding Duty Deferment Accounts for customs duty and Import VAT, and in certain cases for excise duty, can ask HMRC to extend the 15th (29th for excise) day of the month deadline for settling the deferment debt.
  • HMRC announces that Comprehensive Customs Guarantees may not be necessary in certain circumstances for some Customs Special Procedures (such as Inward Processing etc) after 31 December 2020.
  • Importations of PPE are to be free of customs duty and Import VAT if highlighted on the PHE approved list and imported on behalf of an approved organisation. HMRC approval must first be sought and a unique authorisation number used on the customs entry to claim the relief.
  • UK launches its UK Global Tariff to replace the EU External Tariff ready for 1 January 2021.
  • UK indicates that it will remove additional Common Agricultural Policy duties on imported foodstuffs.

This article is taken from the latest edition of our Customs Digest newsletter, looking to help businesses and individuals keep up to date with the latest customs and excise duty regimes and issues. If you would like to receive future editions of this publication, please register on our insights page here.

For more information, please contact Simon Sutcliffe.

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