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by Niamh O'Connor 27 Mar, 2024
When a business opts to deregister for VAT, it is crucial to note that this action also entails the simultaneous removal of any associated Economic Operators Registration and Identification (EORI) numbers they possess.
by Steve Berry 26 Mar, 2024
Notice to Exporters 2024/4 announcement issued on 12th March 2024, relating to The Export Control (Amendment) Regulations 2024, which will come into force from 1st April 2024, provided an essential reminder that exporters must be aware of changes to Export Control regulations to be able to ascertain if their Goods, Software and/or Technology are controlled as Strategic Items.
by Bernard O'Connor 25 Mar, 2024
HMRC released CDS version 4.4 on 23 March 2024. This latest version will have an impact on traders and declarants who import goods into Northern Ireland, as the CDS has been updated to take account of the United Kingdom Internal Market Scheme (UKIMS) authorisation. The latest release will also affect traders who use Authorisation by Declaration for the following Special Procedures: Inward Processing Temporary Admission Authorised Use / End Use Outward Processing There are also changes to Postponed VAT Accounting (PVA) ATA Carnets Export Procedure 2200 Export Procedure 1007 Northern Ireland Exports Merchandise in Baggage Valuation Method 1 Supervising Office Waiver Document Status Codes C21 declarations
by Niamh O'Connor 25 Mar, 2024
Further Guidance relating to the release of CDS 4.4.0.
by Gail Lesson 25 Mar, 2024
NCTS traders need to move to NCTS Phase 5 on 1st July 2024. Some key steps must be taken to ensure traders' readiness.
by Bernard O'Connor 21 Mar, 2024
The National Export System (NES), which will be replaced by the Customs Declaration Service (CDS) at the end of March 2024, doesn’t require an exporter to declare whether or not they are zero-rating their export for VAT purposes. Exporters can claim VAT zero rating against official and/or commercial transport evidence of export.
by Gail Leeson 19 Mar, 2024
From 24th March 2024, changes will be made to the Customs Declaration Service that will affect how declarations are made for goods moving into Northern Ireland from GB, where the goods are not in Free Circulation in GB, and imports into Northern Ireland from third countries, including EU member states.
by Niamh O'Connor 18 Mar, 2024
HMRC will be carrying out essential maintenance to the New Computerised Transit System (NCTS) on Saturday 06th April 2024,
by Steve Berry 15 Mar, 2024
Notice to Exporters 2024/04 was issued on March 12th, 2024. This communication advises an essential change to the UK Export Control Regulations: The Export Control Order 2008 and Council Regulation (EC) No 428/2009.
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