CDS Registration Details - Act now!
Posted on 28th June 2022 at 14:54
As an importer/exporter, you need to act to ensure a smooth transition to the new Customs Declaration System (CDS), enabling Boast International to continue to clear your shipments without delay. The system is currently due to be implemented on 1st October 2022.
HMRC is introducing CDS as the long-term replacement to the current Customs Handling of Import and Export Freight (CHIEF) system.
Below is a guideline of the important steps you should commence making now to minimise any chance of delays.
Register for a Government Gateway account
Most business’ will already have a Government Gateway account to access their personal or business tax account. You should use this account to access CDS. If you do not have one, click here to register for a Government Gateway account.
Register for a EORI number
Most businesses moving goods in and out of the UK already have a EORI number, however if you do not, click here to apply for a EORI number.
Register for the Customs Declaration Service (CDS)
Click here to register for CDS. This can take up to 5 working days to process. You will need all of the below to register correctly:
• Government Gateway User ID and password
• GB EORI number
• Unique Tax Reference number (UTR) (click here to identify this if you are unsure)
• Business address as held on customs records
• National Insurance number (if you are registering as an individual or sole trader)
• Date of business start
Paying Import Duty & VAT
If Boast International are paying your duty and/or VAT on your behalf and then invoicing this back to you, nothing will change with this process.
If you are accounting using postponed VAT accounting, you will need to access your postponed VAT statement via CDS.
Alternatively, if you have your own deferment account, CDS uses a separate HMRC bank account to CHIEF and so you will need to set up a new direct debit. Click here for more information on how to do this. You will also need to re-authorise Boast International to use your deferment account. This is activated through the CDS Finance Dashboard.
Should you require any assistance relating to the above, please contact us for more information and to see how Boast International can assist your business.
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