During 2011, over £28 billion in duty and import VAT was paid in the UK using deferment accounts. That means that the remaining importers are still paying around £20 billion a year at the time of import, without taking advantage of additional cash flow available to those with deferment accounts. If you don’t yet have a deferment account, or are unsure of the benefits, then call us on 01635 521624 – we can probably help.
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Ian WorthManaging Director Archives
December 2012
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