You can unlock entirely new markets for competitively priced products by importing from abroad, but a thorough understanding of the United Kingdom’s Import Laws and regulations affecting the flow of goods and capital over borders is essential if you want to continue trading successfully.
We can ensure that the certificates you require to recover VAT & Duty paid on imports are in place and clarify issues with HMRC where these are missing.
In addition, HM Customs & Excise has recently introduced (potentially) stringent civil penalties in respect of import declarations, so compliance now has an added dimension to it.
Our advice has helped many companies reclaim thousands of pounds back from HMRC in overpayments of VAT, Corporation Tax or Income Tax.
We are here to guide you through all the paperwork and documentation needed to register your import/export business as an official UK registered company. Our London based accountants can also handle any tax return filings as well as deal with annual accounts.We can provide the accounting process of Import export company related to sales, purchase, expenses, journals finalization