UKWA organises special briefing on FHDDS by HMRC

Businesses fulfilling goods to be sold in the UK for or on behalf of someone outside the European Union (EU), MUST apply to register for FHDDS online by 30th June 2018.

Late applications and trading without HMRC approval after April 2019 carries severe penalties.

At this year’s UKWA National Conference in March, delegates expressed a great deal of interest and concern around the subject of FHDDS, with many being unaware of the scope of the Scheme and the serious nature of the penalties in prospect for non-compliance.

Therefore, UKWA has arranged an exclusive briefing on FHDDS by HMRC, which will be held at The Treasury on 21st June 2018, between 10.30-13.00. For security reasons, further details will be provided on registration.

Register>

FHDDS helps HM Revenue and Customs to make sure that VAT and customs duty is accounted for on imported goods sold to consumers through fulfilment businesses in the UK. From April 2019, all registered businesses will need to comply with new record-keeping and due diligence standards.

For businesses that have already applied for the scheme, no further action is required at this stage.

However, those who have not yet applied are encouraged to check whether their business meets the following criteria:

  • goods stored are imported from a country outside the EU
  • goods are owned by or stored on behalf of someone established outside the EU
  • goods are being offered for sale and have not been sold in the UK before

 

Businesses that meets these registration criteria must register online by 30 June 2018 and from 1 April 2019 keep customer records, retained for six years.

Further information is available from GOV.UK – search for Fulfilment House Due Diligence Scheme for further information and to apply for the scheme.

 

Register for fhdds briefing>

Filed under: News

Tagged with: FHDSS, HMRC

Strictly Necessary

These cookies are required for our website to operate and include items such as whether or not to display this pop-up box or your session when logging in to the website. These cookies cannot be disabled.

Performance

We use 3rd party services such as Google Analytics to measure the performance of our website. This helps us tailor the site content to our visitors needs.

Functional

From time to time, we may use cookies to store key pieces of information to make our site easier for you to use. Examples of this are remembering selected form options to speed up future uses of them. These cookies are not necessary for the site to work, but may enhance the browsing experience.

Targeting

We may use advertising services that include tracking beacons to allow us to target our visitors with specific adverts on other platforms such as search or social media. These cookies are not required but may improve the services we offer and promote.

Change Settings

Welcome. You can control how we use cookies and 3rd party services below

Change Settings Accept
Learn how we use cookies
Facebook
Twitter
Print
Email
X
- Enter Your Location -
- or -