New Customs System Brexit Ready?

by | Jun 19, 2018

HMRC’s CHIEF computer entry system has served the country well since its introduction in 1994, but is due to be replaced by its upgraded counterpart shortly – the Customs Declaration Service (CDS).

The CDS system is being phased in from August, with CHIEF being fully replaced by January 2019 after 25 years of service. It is widely believed that HMRC’s main system is moving from being transaction-based, with the ability to calculate taxes, VAT and duty, to a comprehensive customs management system that helps facilitate trade.

The decision to replace CHIEF was made prior to the UK’s decision to leave the European Union, but HMRC confirm that it will be scaled to meet any extra volume in declarations brought about by Brexit.

 

 

The CDS system will provide the same features as CHIEF, including processing declarations for goods entering and leaving the UK, calculating and paying duty and taxes and completing customs information electronically.

In addition the CDS system will:

  • Provide access on GOV.UK to a Government Gateway account.
  • Provide several new and existing services in one place – for example, traders will be able to view previous import and export data on pre-defined reports, check the tariff, apply for new authorisations and simplifications, and check their duty deferment statement
  • Provide self-service tools, guides and checklists.

 

Customs Insights remain fully conversant with the latest customs developments, rules and regulations and are able to provide advice and consultation on the new CDS system, as well as a host of other customs related issues.

To find out more about how Customs Insights can enhance your supply chain then please call 01304 211652 or email enquiries@customsinsights.co.uk.

Follow Us:

Consultancy Services

Ensure compliance, resolve difficulties, manage efficiencies and reduce duty.

CFSP Bureau Services

Customs Freight Simplified Procedures, a simplified electronic paperless gateway.

Specialist Customs Regimes

Compliance and assistance for the many specialist Customs regimes.

Consultancy Services

Ensure compliance, resolve difficulties, manage efficiencies and reduce duty.

CFSP Bureau Services

Customs Freight Simplified Procedures, a simplified electronic paperless gateway.

More News…..

Talks Break Down Over Customs Union

According to latest news, the cross party Brexit talks between the Conservative and Labour parties have failed to find a compromise and are now set to end without an agreement in place.Leaving the EU with a Customs Union agreement seems to have been central to the...

What Is The Customs Union?

According to recent reports, cross party talks are progressing as a means of resolving the Brexit issue, which suggests we may be moving towards a scenario where the UK remains in the Customs Union.While it has been suggested that a high number of Tory MP's won't vote...

Customs Union Likely According To Minister

A government minister has recently recognised that a customs union with the EU is the most likely outcome of talks between Theresa May and Jeremy Corbyn.The solicitor general Robert Buckland, risked causing further tensions in the Conservative Party, by insisting his...

Share This