{"id":2607,"date":"2023-05-31T16:27:36","date_gmt":"2023-05-31T16:27:36","guid":{"rendered":"https:\/\/docshipper.co.uk\/en\/uncategorized\/duty-deferment-account-uk-importers\/"},"modified":"2023-05-31T16:27:36","modified_gmt":"2023-05-31T16:27:36","slug":"duty-deferment-account-uk-importers","status":"publish","type":"post","link":"https:\/\/docshipper.co.uk\/en\/logistics\/duty-deferment-account-uk-importers\/","title":{"rendered":"Duty Deferment Account: A Guide for UK Importers"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2607\" class=\"elementor elementor-2607\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-aed4994b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aed4994b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e2adc091\" data-id=\"e2adc091\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-352c9b64 elementor-widget elementor-widget-text-editor\" data-id=\"352c9b64\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><\/p><p><span style=\"font-weight: 400\">Duty deferment is a convenient payment method for customs, import VAT, and excise duty. With a duty deferment account, you have the flexibility to <strong>delay payments<\/strong> for customs duty, import VAT, and excise duty. Instead of paying for each individual consignment upon import or release from an excise warehouse, you can make <strong>monthly payments<\/strong> to HMRC through Direct Debit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Think of a duty deferment account as a <span style=\"color: #339966\"><strong>trusty sidekick<\/strong><\/span> for importers. It offers a valuable line of credit, allowing them to <span style=\"color: #339966\"><strong>pause customs duty<\/strong><\/span> and<span style=\"color: #339966\"> <strong>tax payments<\/strong><\/span> for imported goods. This flexibility is a game-changer, helping businesses navigate the challenges of importing and strategically managing cash flow.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Importing goods into the UK entails<span style=\"color: #ff9900\"><strong> complicated financial obligations<\/strong><\/span> like customs duties and value-added tax (VAT). These costs can be burdensome, affecting competitiveness and financial stability. However, with a duty deferment account, importers gain a<span style=\"color: #ff0000\"><strong> powerful advantage<\/strong><\/span>\u2014they can postpone payments. This maintains a healthy cash flow and opens opportunities for overall financial improvement.<\/span><\/p><\/div><\/div><\/div><\/div><\/section><\/div> <a href=\"https:\/\/docshipper.co.uk\/en\/logistics\/duty-deferment-account-uk-importers\/#more-2607\" class=\"more-link elementor-more-link\"><span aria-label=\"Continue reading Duty Deferment Account: A Guide for UK Importers\">(more&hellip;)<\/span><\/a>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":1878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-2607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics"],"_links":{"self":[{"href":"https:\/\/docshipper.co.uk\/en\/wp-json\/wp\/v2\/posts\/2607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/docshipper.co.uk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/docshipper.co.uk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/docshipper.co.uk\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/docshipper.co.uk\/en\/wp-json\/wp\/v2\/comments?post=2607"}],"version-history":[{"count":0,"href":"https:\/\/docshipper.co.uk\/en\/wp-json\/wp\/v2\/posts\/2607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/docshipper.co.uk\/en\/wp-json\/wp\/v2\/media\/1878"}],"wp:attachment":[{"href":"https:\/\/docshipper.co.uk\/en\/wp-json\/wp\/v2\/media?parent=2607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/docshipper.co.uk\/en\/wp-json\/wp\/v2\/categories?post=2607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/docshipper.co.uk\/en\/wp-json\/wp\/v2\/tags?post=2607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}