Why apply for a CDS account?
Hm Revenue and Customs (HMRC) announced in August 2021: Complete closure of the Customs CHIEF Handling of Import & Export Freight system on 31 March 2023, The launch of a new Customs Declaration Service (CDS).
The process of replacing CHIEF system by CDS system is divided into two stages:
1. September 30, 2022: CHIEF closes import declaration
2. March 31, 2023: Close export declarations on the CHIEF/ National Export System (NES)
What are the implications of not applying for a CDS account?
Deferred VAT clearance in the UK will be restricted
After 30 September 2022, the UK will stop the import declaration function of the old CHIEF system. If a seller needs to use the VAT clearance deferred, he or she will need to apply for a CDS account to download the customs clearance record of the VAT import deferred. Otherwise, the import clearance will be affected.
Now the deadline to register CDS account is just over a month, so sellers need to register in time.
What are the advantages of registering CDS account?
1. The seller can download the tax form by himself;
2. The seller can check the detailed records of all previous imports and exports through the CDS account;
3. Simplify tax declaration. Sellers can download declaration records through CDS accounts and send them to tax agents to make accounts, instead of providing documents such as C88, E2 and C79.
How to register a CDS account?
picture
1. Register an HMRC account first;
Registration link:
https://www.gov.uk/log-in-register-hmrc-online-services
2. Once you have registered your HMRC account, you can register your CDS account by following the following link:
https://www.gov.uk/guidance/get-access-to-the-customs-declaration-service
Gateway Account password After login, select the account type in the first step. Generally, companies select the second option:
In the later step, the part of UK mobile number, Chinese companies can choose No in this:
It should be noted that after filling in the mailbox, it takes 72 hours to go to the mailbox to click on the activation.
Follow the prompts to fill in the corresponding content. The tax bureau will notify the seller by email within 5 working days after the information is completed and submitted. Received an email from the Tax Bureau indicating that the registration has been successful.