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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 May 2025
Sole traders and landlords with an income over £50,000 have been warned that there is less than a year before they will be required to use Making Tax Digital for Income Tax (MTD for IT).
The independent review into the loan charge has issued a call for evidence with examples of promotional material and marketing leaflets a priority for the review team.
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