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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)
08 Apr 2024
HMRC's decision to halt its plans to restrict taxpayer helplines and direct people to online services instead has been met with relief by the Federation of Small Businesses (FSB).
The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023.
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