{"id":5815,"date":"2023-05-31T18:27:36","date_gmt":"2023-05-31T16:27:36","guid":{"rendered":"https:\/\/docshipper.co.uk\/en\/?p=5815"},"modified":"2023-05-31T18:32:14","modified_gmt":"2023-05-31T16:32:14","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":"<div id=\"bsf_rt_marker\"><\/div><div id=\"pl-5815\"  class=\"panel-layout\"><div id=\"pg-5815-0\"  class=\"panel-grid panel-has-style\"><div class=\"panel-row-style panel-row-style-for-5815-0\"><div id=\"pgc-5815-0-0\"  class=\"panel-grid-cell\"><div id=\"panel-5815-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\"><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\">\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<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><\/div><\/div><\/div><p> <a href=\"https:\/\/docshipper.co.uk\/en\/logistics\/duty-deferment-account-uk-importers\/#more-5815\" class=\"more-link\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Duty deferment is a convenient payment method for customs, import VAT, and excise duty. With a duty deferment account, you have the flexibility to delay payments 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 monthly payments to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":5855,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[139,138,137,140,7],"class_list":["post-5815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","tag-account","tag-deferment","tag-duty","tag-guide","tag-logistics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Duty Deferment Account: A Guide for UK Importers | DocShipper<\/title>\n<meta name=\"description\" content=\"Discover the benefits and application steps of obtaining a duty deferment account, and streamlining customs processes for UK importers.\" \/>\n<meta name=\"robots\" content=\"index, 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