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Get an Advance Valuation Ruling to give you legal confirmation on the correct method to use when valuing your goods to make an import declaration.
When you import goods into the UK, you must work out the correct method to use to work out their customs value.
You can apply to HMRC for an Advance Valuation Ruling before you make an import declaration to:
It can take up to 90 days to give you a decision once you’ve applied and your application has been accepted.
See: Apply for an Advance Valuation Ruling - GOV.UK (www.gov.uk)
06 Feb 2024
Government borrowing fell to £7.8 billion in December 2023 giving Chancellor Jeremy Hunt more scope to make the tax cuts he has hinted at in the Spring Budget.
Tax cut promises may need to be scrapped as a result of the UK being in an 'unfortunate economic and fiscal bind', the Institute for Fiscal Studies (IFS) has warned.
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