Apply for a customs comprehensive guarantee to cover customs debts
Use a customs comprehensive guarantee to cover Customs Duty, excise duty and import VAT when you regularly import goods or use common and Union transit.
Official website: gov.uk00
How to use the service
To get this type of guarantee you need to: be established in the UK or EU have no serious or repeated infringements of customs or tax rules in the past 3 years have no record of serious criminal offences related to your business activities in the past 3 years To submit your application for authorisation to use a customs comprehensive guarantee you must be a company official of the business. Depending on your type of business you’ll need to be a: company official such as company director or company secretary sole proprietor trustee partner
Requirements
If your circumstances change and you do not meet the conditions for a reduced guarantee, you must change your guarantee amount so it’s no longer reduced. If this happens, you must: tell HMRC you need to change your guarantee amount calculate the estimated Customs Duty and import VAT from your imports and check your guarantee always covers them You can also use an individual guarantee for one-off or high-value imports to avoid going over your customs comprehensive guarantee. HMRC will regularly check the use of guarantees and will tell you if your guarantee amount is incorrect.
Official source
Apply for a customs comprehensive guarantee to cover customs debts
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