Questions related to Brexit

What is CDS (Customs Declaration Service) system and do I need to enroll?
Customs Declaration Service  (CDS): both “Postponed Accounting for import VAT” statements and C79 documents are available ONLY via the CDS system. All c...
Wed, 31 Mar, 2021 at 10:34 AM
What is “Postponed Accounting for import VAT”?
From 1 January 2021, VAT registered businesses importing goods into the UK will have a choice to have their import subject to the postponed account schem...
Wed, 31 Mar, 2021 at 10:37 AM
Do I need to enroll to the CDS system even if I am under UK flat rate scheme?
Yes, all clients who import in the UK must be enrolled to CDS and their statements must be downloaded before calculating the VAT return.  This is still an ...
Wed, 31 Mar, 2021 at 10:39 AM