- HM Revenue and Customs (HMRC) has announced a phased approach for businesses transitioning from the Customs Handling of Import and Export Freight (CHIEF) to the Customs Declaration Service (CDS) for exports.
- The first phase will support selected high-volume declarants to move to CDS by 30 November 2023, while the second stage will see all other businesses move to CDS by 30 March 2024.
- This approach will enable HMRC and delivery partners to undertake additional performance analysis while businesses migrate, and better support export declarants during the transition.
- Declarants who can move to CDS by 30 November 2023 will be contacted by HMRC or their software developer in September.
- The AFSS, BIFA, and AICES have expressed their support for the revised timescales and stakeholder engagement.
- More information about using CDS is available on GOV.UK.
Source gov.uk
Latest Posts in "United Kingdom"
- Understanding VAT: How It Works, Its Impact, and Options for Reform in the UK
- UK Tribunal Rules Locum Doctor Supplies via Agencies Are VAT Exempt for NHS Trusts
- VAT Rules for Workwear, Uniforms, and Staff Clothing: What Businesses Need to Know
- Understanding E-Invoicing: Benefits, Challenges, and the Future for UK Businesses and Government
- How Overseas Businesses Can Reclaim UK VAT: Eligibility, Deadlines, and Key Conditions
