File customs declarations
SwiftFile is a full-service customs broker. Our team of customs specialists file import declarations on behalf of our clients on goods arriving from all over the world. Although based in Ireland, we also have an office in the UK and file customs declarations with HMRC on behalf of our UK clients. We are also partnered with clearance agents in other jurisdictions, and can arrange clearance for goods outside the UK and Ireland.
When our clients outsource the filing of their customs declarations to SwiftFile, they get the comfort of their declarations being completed by experts. We pride ourselves on our clear communication and quick turnaround time. We liaise with client, supplier and freight company to make sure goods are kept moving.
There are over 20 Customs Special Procedures (CSPs) in place in make trade smoother and to allow traders to save money. We help our clients take advantage of these CSPs, other reliefts and preferential import duty rates.
Examples of these include:
Even if a business outsources the filing of their customs declarations to a 3rd party, they remain liable for the accuracy of the information contained in them. The decision of who to outsource to should not be taken lightly.
If you are interested in SwiftFile’s customs specialists filing your declarations
Customs advisory
As a result of Brexit, many Irish and British businesses have seen their customs exposure increase significantly. There might be a lack of familiarity with customs concepts and requirements, and this can increase the customs risk of a business. SwiftFile’s customs experts can advise on how to avoid the pitfalls, smooth product flow and even save money while trading in a customs environment.
The following are examples of how we assist clients:
When a client choses us as their dedicated customs partner, they get the benefit of SwiftFile’s in depth customs knowledge to draw upon.
If you have a concern about a customs matter, or you would like to know more about how to gain relief from import duties
Reporting
We provide our customs partners with a monthly summary of their import activity. This unique services gives a complete, instant picture of their import numbers.
The C&E (Customs & Excise) reports traders receive from the Revenue Commissioners do not give a complete picture of an import transaction.
They don’t include key pieces of data, such as:
The above gaps means it is not a straight forward process for a CFO to see where the import duty hit is coming from. She might see a import duty hitting the P&L, but there is quite a bit of work for the finance team to show exactly where the duty hit is coming from.
Similarly, postponed accounting for import vat is a fantastic cashflow benefit for an importing company. But any import vat postponed must be properly accounted for in a company’s vat return. Failure to do so could lead to the Revenue excluding a business from availing of PVA.
The instant visibility provided by our reports fills in these gaps. They provide a full set of numbers to aid compliance, reporting and decision making. Our customs partners get these reports as part of their overall service package.
We can also advise companies who are having difficulty getting visibility of their customs numbers. Get in touch for a consultation.