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COVID-19 (Coronavirus) – 2021 update

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PENGUIN SHIPPING is remaining operational during the current ‘Lock Down’ period as we carry out essential services for import and export consignments, moving through the ports and airports.

Some of our personnel will be office based but we also have the ability to work remotely, when necessary.

It would be helpful if you E-MAIL us with your instructions, paperwork and questions, so they can be easily distributed to our staff, whether in the office or working from home.

The person dealing with your consignments and enquiries, will reply to you.

THERE IS NO NEED TO CALL US TO CHECK WE HAVE RECEIVED YOUR MESSAGE.

Please use the normal e-mail addresses you have or if this is a new enquiry, please use the Contact Form or details, on this Web-Site.

PLEASE READ THE LATEST NEWS ITEMS ON THIS WEB SITE CONCERNING:

  • VAT POSTPONED ACCOUNTING FOR VAT REGISTERED TRADERS
  • APPOINTMENT OF A DIRECT CUSTOMS AGENT
  • STAGED CUSTOMS CONTROL – EU IMPORTS

VAT POSTPONED ACCOUNTING

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VAT POSTPONED ACCOUNTING

With immediate effect, VAT registered traders who import goods may use VAT Postponed Accounting for all import consignments. This means that instead of paying VAT at the time of importation, you may account for Import VAT, on your periodic VAT returns.

You can continue to pay VAT at the time of importation for import consignments from non-EU countries, that is your choice. The coding we use on Customs declarations, will prompt the issue of the form C79, entitling you to reclaim Import VAT on your VAT return.

You should discuss the mechanics of the scheme with your Accountant or Financial Adviser. For your guidance here is a link to the HMRC publication: https://www.gov.uk/guidance/check-when-you-can-account-for-import-vat-on-your-vat-return

If you import from EU Countries and use the STAGED CUSTOMS CONTROL (SCC) Scheme, then VAT Postponed Accounting is mandatory.(Please read our separate NEWS item on this Scheme).

We are required to have your written instruction to use VAT Postponed Accounting on your behalf, so would you kindly tick the appropriate box on our Appointment of a Direct Customs Agent form which you can find on our Customs Clearance Web page, at the very bottom, under DIRECT REPRESENTATION. (please read our separate news item on this subject).

Please e-mail the form to penguin@penguin-shipping.co.uk

If you have any questions on this Scheme kindly email us on penguin@penguin-shipping.co.uk and one of the team will get back to you.

 

STAGED CUSTOMS CONTROL (EU IMPORTS)

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If you import from the EU Countries and use the temporary arrangements set out in the Staged Customs Control scheme (SCC), we, as your Customs Agent must present Customs declarations within 6 months of the arrival of the consignment. This scheme runs from January 1st to 30th June 2021 and VAT postponed accounting is mandatory.

Please read the details of this scheme in the following link: https://www.gov.uk/guidance/making-an-import-declaration-in-your-records

Please also read our other News item on this Web-Site concerning VAT Postponed Accounting and appointing a Direct Customs Agent.

If you have any questions on this Scheme or any other related matter, please e-mail them to us on penguin@penguin-shipping.co.uk and one of team will get back to you.