Essential Preparation for a Customs Audit
Monday, 11th March 2024 at 2:00pm - 3:00pm
Many still struggle with the complexity and increased paperwork and do not have the resources to manage the issues compliantly.
HMRC are increasing their customs compliance audits and a visit can be daunting.
We can help your business prepare or navigate through any audit on your customs activities to help with compliance and to minimise any consequences
HMRC can review imports declared up to three years prior to any audit, so businesses must ensure they have the correct documentation and processes in place. Failure to do so could result in significant customs debts and penalties which would not have been considered as part of your original costings.
Being proactive ensures there are no unexpected costs, which could affect profitability.
Without taking the necessary preventative action, businesses are taking a risk.
There are several key areas that HMRC look for when carrying out their audits and they will look to you as a business to have the correct audit trail in place along with supporting documentation.
For further help and advice please contact; email@example.com or 07741163242
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