Those exporting goods need to be aware of HMRC’s new Customs Declaration Service (CDS).
Originally planned to become mandatory on 30 November 2023, there has been an extension to the deadline for some businesses.
Now –
1. Between now and 30 November 2023, high-volume exporters will be supported to move to the new platform.
2. All remaining exporters will be contacted and supported by HMRC to meet the 30 March 2024 deadline.
The CDS replaces the old Customs Handling of Import and Export Freight (CHIEF) system. Businesses making import declarations have already made the change to CDS.
Exporters should be aware that the two systems are not identical and should take steps to prepare. For example, the input of data and what is captured by HMRC is different. How you use the Trade Tariff and how declaration payments are processed will differ.
Get ready
– If you haven’t already, apply for an Economic Operator Registration and Identification (EORI) number starting with ‘GB’
– Subscribe to CDS, so you can submit export declarations from your software to CDS
– Train staff
– Check to see if finance processes need to change eg the setting up of a new direct debit for a duty deferment account
– Update business details (email and business address) with HMRC, if necessary
– Use the free HMRC Trader Dress Rehearsal service. This allows you to submit various declaration scenarios in a simulated Customs Declaration Service.
Contact us
For further trade and customs advice, our tax experts are on hand to discuss the latest changes.