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Duty Deferment Account

08/03/2019 15:54:29
As part of our Brexit preparations we have already
1. Successfully applied for Transitional Simplified Procedures (standard goods procedure)
2. Commenced the application for a new duty deferment account by completing CCG1. We have recently had confirmation that we have been granted a CCG authorisation in a letter dated 21.02.19 with reference CCG 4210.

The letter approving us for Transitional Simplified Procedures talks about needing to have the financial guarantee associated with a duty deferment account in place by 30 June 2019 and this timeline I am sure we can achieve. What I am unsure about is how I ensure we have a functioning Duty Deferment account in place by 29 March as your website only refers to completing form CCG1 which we have already successfully done.

Can we be issued with a duty deferment account number now before the CCG2 is completed? Do we need to provide any further information or complete any other applications for the number to be issued?
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Re:Duty Deferment Account

08/03/2019 17:29:43
Thank you for your query – we’ve passed this on to our technical experts and as soon as we have a response, we’ll post it here.
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Re:Duty Deferment Account

04/04/2019 07:38:05
Hi,

Thanks for your question.

HMRC is now giving importing businesses until 30 September 2019 to get a guarantee in place to cover any customs duties that they wish to defer. This will apply for all importers, not just those who have registered for TSP.

This information can be found on the GOV.UK EU Exit webpages by following the link below:

HMRC outlines extension of Transitional Simplified Procedures

When you have obtained a CCG approval you will then need to provide proof of the required securities in the form of a financial guarantee form CCG2 from an approved guarantor or a Joint Contractual Liability (JCL).

Please contact the Central Deferment Office (CDO) for further information on applying for your deferment account.

Contact details can be found in the following link:

Duty Deferment Scheme
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Duty Deferment Account

04/04/2019 08:58:22
According to your advice "HMRC is now giving importing businesses until 30 September 2019 to get a guarantee in place to cover any customs duties that they wish to defer. This will apply for all importers, not just those who have registered for TSP. "

Does this mean HMRC want all importers in future to gain customs guarantee as a standard in the future? Or is this just an option being offered in general?
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Duty Deferment Account

10/04/2019 13:33:32
Customs guarantees became 'standard' under UCC from May 2016.

You must hold a guarantee if you want to apply for, customs authorisations or any customs approvals that suspend/defer duty payments.

If you had any authorisations/approvals in place before UCC was introduced, the deadline to have CCGs in place was May 2019, which has been extended to Sept 19.
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Re:Duty Deferment Account

02/05/2019 08:56:25
This is in response to the question dated 04/04/2019 08:58:22

Hi,

Thanks for your question.

In the case of no deal, businesses will need to secure a financial guarantee to cover any monthly duties deferred, but they will not need to be authorised by HMRC to give one.

That means you don’t need a Customs Comprehensive Guarantee authorisation for a duty deferment account. Traders will still need a customs comprehensive guarantee to move goods under the Common Transit Convention (CTC) procedure .

HMRC will update guidance on gov.uk to tell you if and when you will need to have a guarantee if the UK leaves with no deal. When necessary we will continue to update our advice on GOV.UK on how you should prepare.

Please note, this information is correct at the time of writing, however the position may change before the UK leaves the EU.

You can keep up to date with developments on gov.uk and register for email updates here - Subscribe to GOV.UK notifications

I hope this helps.

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