AEO/UCC HMRC Updates 4th November 2015
Did you know?
If you hold an AEOC
authorisation you are entitled to request a reduction in your duty deferment
guarantee for customs duties
(actual debt). The reduction available is 70%.
There is no
reduction available to businesses without an AEOC authorisation
You are also entitled to request a waiver of the
potential debt guarantees (covering Customs Duty and if applicable Import VAT
if you hold Customs authorisations/approvals for example customs warehouse, inward
processing, temporary storage), when/if that is appropriate to your business
activities.
These benefits are effective from 1 May 2016.
These benefits are effective from 1 May 2016.
Reductions
and waivers for potential debts are also available to businesses who do not
hold an AEO authorisation but who would then need to meet some or all of the
AEO c criteria
Certificates – under the UCC AEO becomes a Customs
decision and there is no legislative requirement to issue a certificate.
However, the EU Commission understands that the certificate is important to
business to demonstrate their membership of the AEO programme and Member States
will still issue a certificate.
Electronic communication – under the UCC all
communication must be by an electronic method. HMRC will therefore not be able
to accept paper applications from 1 May 2016 and all communications are
intended to be via email unless there are exceptional circumstances. New
digital services will be available over the next few years.
