team has successfully upgraded everyone with the new HMRC fraud headers and the
currently addressing the changes required to cater for new VAT boxes and
deferred purchase invoice VAT.
commercial invoice identifying new compulsory information is available on
request from email@example.com
postponed VAT accounting
If you are a
VAT registered business you can account for Import VAT on your VAT return.
that you’ll declare and recover import VAT on the same VAT Return, rather than
having to pay it upfront and recover it later.
If you wish to
account for VAT on your vat return please made sure you inform your
Intermediary and provide them with your EORI & VAT registration
Sign up for
CDS to get your VAT statements and make sure you download your statements as
they are held on the system for only 6 months. You should be able to find the
link for CDS in your Business tax account.
need to know/do can be found at the end of this mail with relevant informative
7 & Server 2008 R2 Installations
We are being
notified by our third party partners that they are no longer able to support
that you check your devices or ask the support team for assistance as to the
swiftest upgrade solutions.
/ Workflows : Cash Flow
invoices when XX days old and/or a credit control letter
Send an email
to your customers advising “Close to your credit limit”
messages when orders are ready to be collected/despatched
lists to the warehouse/ship orders marked as picked/create delivery notes
capture and document scanning modules to store PODs and other documents
We have a huge
number of website options from the B2B web portal, Magento, Shopify, Woo
Commerce and of course a fully integrated website
arrive each morning, your system will have automatically downloaded new web
orders and payments
orders which you may not have received without a web presence.
We say : “If
you don’t have a website – your competitors most certainly do”
is Power / ISL Sessions
We issue 4 new
releases each year, these releases are full of new features and modules
We have a new
ISL training option for the current climate which means you may purchase a day
and call off the training in 2 hours slots.
that our training combined with information about new features will save you
hours of work and make you and your staff more efficient.
better customer service.
Please call us
any time – we are always delighted to hear from our customers….
Trading with EU has changed. Make sure you are ready
Must Register for an EORI number
you are trading with EU you must register for an EORI number.
of you may have already received a letter from HMRC with your GB EORI number,
those who have not please go to
https://www.gov.uk/eori to register.
takes a few minutes and you will be issued with EORI number straight away or
within 5 working days if HMRC needs to carry out additional checks.
you move goods to or from Northern Ireland you’ll need an EORI number that
starts with XI to:
move goods between Northern Ireland and non-EU countries
declaration in Northern Ireland
a customs decision in Northern Ireland
get an EORI number that starts with XI, you must already have an EORI number
that starts with GB.
can apply for GB and XI EORI numbers at the same time. XI EORI numbers are
usually issued within 4 working days of application.
you need to apply for an EU EORI number this must be made to the member state
where your business has a permanent base.
Make Customs Declarations and Pay any Duties and Taxes Owed
can choose to make Customs declarations yourself however since customs
declarations are complex most businesses choose to use an Intermediary to make
customs declarations for them. This could be a Freight Forwarder, Customs
Agent, Logistics company or a Courier.
note: The Intermediary cannot act on your behalf without written instructions
from you. The instruction must show whether they’re acting for you directly or
indirectly. HMRC may ask for evidence of the authorisation if required.
should agree with a direct representative dealing with Customs for you if you
need to have a Duty Deferment Account to make payments or if they’ll use their
own. For more information on Duty Deferment Accounts please go to
you are using an Intermediary to deal with customs declaration requirements and
make all the necessary declarations on your behalf, they’ll enter the goods in
their records and make the supplementary declaration for you.
note, you will also need to include the following information in your records:
the customs procedure code
a unique consignment reference (e.g. invoice number, stock record number or job
purchase number (and sales invoice numbers if available)
the date and time of entry in records – creating the tax point and used for
working out VAT payments later
a written description of the goods to easily identify them
the commodity code for the description of the goods
quantity of goods – for example, number of packages and items, net mass.
You may also need details of the stock account reference number for goods put
into temporary admission, a customs warehouse or temporary storage
information on what to include in your entry In declarant’s records, please
note when using entry in Declarants records you must be able to show that:
You’ll record all declarations for no less than 4 years after their submission
Meet licencing and other control requirements
You will need to show that you manage your business in a way that allows
customs to make effective compliance checks:
Keep an Audit Trail
Business Records are backed up and kept securely
Identify and handle errors related to the flow of goods
VAT – postponed VAT accounting
you are a VAT registered business you can account for Import VAT on your VAT
return. This means that you’ll declare and recover import VAT on the same VAT
Return, rather than having to pay it upfront and recover it later.
you wish to account for VAT on your vat return please made sure you inform your
Intermediary and provide them with your EORI & VAT registration
Free circulation between 1st of January and 30 June 2021
you import goods that are in EU free circulation (i.e produced in the customs
territory or where the customs duties and taxes have been paid in that customs
territory) into Great Britain and the goods are not controlled you can declare
these goods by entering them in your own records without getting authorisation
in advance. You can delay sending HMRC the full information about your goods by
up to 6 months on a supplementary declaration
information, please visit
Customs and International Trade Helpline 0300 322 9434
Posted: 17th February 2021