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All imported goods attract excise duty. In normal circumstances the money due is paid to Customs and Excise staff at the time that the goods are entering the UK. By paying for a VAT/Excise Bond you are providing a sureity that the amounts due will be paid. This allows your goods to enter the country more efficiently without you needing to pay on each occasion.
Anyone importing goods on a regular basis will benefit from reduced paperwork and quicker transit of their goods through the UK entry formalities.
The VAT/Excise Bond provides a guarantee to revenue authorities that your bills will be paid even if something happens to you or your business.
1 Apr 2016
Members of the public can join the fight against insurance fraud by reporting what they know to the Cheatline. Powered by Crimestoppers, the Cheatline is a free service that enables members of the public to anonymously report information or suspicions about insurance fraud. – Cheatline is on 0800 422 0421, or online at www.insurancefraudbureau.org/cheatline. – […]
22 Mar 2016
Spring is finally here and at this time of year there is lots of activity in gardens and allotments across the country. – Additionally, we may be buying new gardening tools and equipment and it is also traditionally a time when burglars target garden sheds, garages and outbuildings looking for power tools, bicycles and other […]
16 Feb 2016
Why you need engineering inspections Compliance with the law To avoid costly HSE fees for intervention Defence against claim or prosecution against your business or its directors personally Avoid equipment downtime Gain efficiency, longevity of plant use and reduce your environmental impact Use this link to identify the types of plant that you […]