Benefits of using CFSP

  • The tax point shifts to the supplementary declaration date, providing a cashflow benefit by paying import duty & VAT later on. In combination with customs Special Procedures it is possible to extend the tax point (for goods entered via CFSP) until the goods are ready to be sold into the home market.
  • The importer has more time to provide the import paperwork and information to the agent 
  • The initial import entry automatically goes route 6, meaning the goods automatically clear on arrival as opposed to going for paperwork or physical inspection checks
  • A higher level of customs compliance, as the agent is under less pressure to clear the goods and has time to fully investigate any queries and make sure the goods are declared accurately.
CFSP Process
CFSP Normal Time Frame
CFSP Deferred Time Frame for 2021

MEET OUR CUSTOM CLEARANCE SPECIALISTS

James
co-Founder & commercial director

James has 20 years experience working with UK import and export customs declarations across all areas of the tariff. An expert in classification, origin and valuation with a background in commercial importing James brings a comprehensive knowledge in completing accurate customs declarations and enabling smooth custom clearances with HMRC.

holly
co-founder & operations director

Holly has worked in clearance and forwarding for over 20 years, more recently focusing on international trade strategy. Holly oversees the operations structure, staff training and works closely with clients to provide the best solutions. 

Claire
consultant

Claire is experienced in completing entries and now helps onboard new clients and manages CHIEF entry testing and setup. Claire also manages our AEO compliant procedures and is responsible for regular entry auditing within our customs software, with a focus on maintaining high compliance levels and therefore reducing client risk.