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Duty Minimisation
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Whilst the prudent importer will routinely review most areas of their business in search of cost saving opportunities, duty minimisation remains an area that is often overlooked. As a consequence, many importers are unwittingly paying thousands of pounds in excess duties to HM Revenue & Customs each year.
Focussing on key areas such as tariff classification, valuation and customs warehousing, HCL can identify potential duty saving opportunities that will ensure your landed costs are kept to a minimum.
In certain circumstances there may also be potential to reclaim overpaid duty arising from historical declarations to HM Revenue & Customs. HCL can prepare and submit claims to Customs, with fees based on an agreed percentage of the duty reclaimed.
Click on the links below for further details of potential duty saving areas.
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