HMRC has announced a new phased approach for businesses moving their export declarations to the customs declaration service (CDS).
The deadline to migrate export declarations to CDS from the outgoing CHIEF system was previously 30 November 2023. This deadline will now only apply to selected high-volume declarants. Declarants who can move to CDS by 30 November 2023 will be contacted by HMRC or their software developer in September.
The new deadline for all other declarants to move to CDS for exports is now 30 March 2024.
HMRC states that the new approach will allow it to better support export declarants to make a smooth migration to CDS.
To prepare for migration to CDS, businesses that have not already done so should:
- Apply for an Economic Operator Registration and Identification (EORI) number beginning with ‘GB’;
- Subscribe to CDS; and
- Read the latest guidance on CDS.
Businesses already subscribed to CDS for imports, including for postponed VAT accounting for imports, do not need to subscribe again for exports.
Further reading:
The Tax Faculty
ICAEW's Tax Faculty is recognised internationally as a leading authority and source of expertise on taxation. The faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.
More support on tax
ICAEW's Tax Faculty provides technical guidance and practical support on tax practice and policy. You can sign up to the Tax Faculty's free enewsletter (TAXwire) which provides weekly updates on developments in tax.
Sign up for TAXwireJoin the Tax FacultyMore from the Tax Faculty
Latest news
TAXwire
Stay up to date with the latest developments in tax by signing up to the Tax Faculty's weekly e-newsletter
Practical guidance
TAXline
Comprehensive support for Tax practitioners each month from the Tax Faculty and expert contributors.
Technical support
Webinars
Expert advice from the Tax Faculty's technical managers on all the developments in tax policy and practice.