HMRC explains timetable for moving to new service
The Customs Declaration Service (CDS) will be the mandatory way to make export declarations from 1 December 2023, but at the moment not all businesses can use it. HMRC is writing to businesses explaining when they will be able to make the transition. What do you need to know?
The CDS is an online platform for submitting import and export declarations. For imports, it's essential if you want to use postponed VAT accounting, and the preceding system closed towards the end of 2022. However, for exports the deadline for transitioning was extended. It will now be compulsory from 1 December 2023. If you've not already done so, you should migrate to the CDS as soon as possible. Some businesses cannot use the CDS, as it doesn't currently support certain types of declaration. HMRC is now writing to explain when affected businesses will be able to move:
- From late February 2023, export declarants that only move goods through UK ports that use the Goods Vehicle Movement Service
- From May 2023, export declarants that currently use the National Export System web service to submit export declarations on CHIEF
- From September 2023, export declarants using inventory-linked ports and Designated Export Place movements.
Related Topics
-
Government launches consultation package on HMRC powers and tax administration
The government has launched a wide-ranging package of consultations on tax administration, including proposals to strengthen HMRC's debt recovery powers, modernise tax agent regulation and expand the use of digital services. Several of the measures could have significant implications for taxpayers and advisers. What has been proposed?
-
What are HMRC’s new procedures for export evidence?
HMRC has updated its guidance about the proof of export you must retain if you ship goods abroad and zero-rate the sales. How will the new guidance affect your business?
-
Getting out of the child benefit tax trap
You expect to earn over £60,000 for this tax year which means you may have to pay back some or all of your family’s child benefit due to the high income child benefit charge (HICBC). Is it possible to reduce the charge?