Exports ― postal, courier and rail exports

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This note should be read in conjunction with the Exporting goods ― overview and Exporting goods ― proof of export guidance notes.

Postal exports

Businesses can zero-rate goods exported via the post providing the goods are ‘direct exports’ (see the Exporting goods ― overview guidance note) and the exporter has obtained acceptable proof of export. Businesses also need to follow these procedures when exporting goods via the post.

Procedure for exporting goods via Royal Mai

Letters and large letters containing only correspondence, commercial invoices or shipping documents do not require a customs form.

If a package is exported to a non-UK destination, the exporter must complete and affix a customs declaration that is either obtained from the Post Office or downloaded using the relevant link below. One of the following declarations needs to be obtained:

•
a CN22 declaration form can be used for items valued at £270 or less. If the item is being sent by a Royal Mail International Tracked, Signed or Tracked & Signed service, the CN22 declaration

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Employment Tax

Ministers of religion

Ministers of religionMost ministers of religion or members of the clergy are either office-holders or employees and so their earnings are taxable under ITEPA 2003 as employment income and are subject to Class 1 National Insurance.For the purposes of the tax system, a minister does not have to belong

14 Jul 2020 12:14 | Produced by Tolley Read more

Corporation Tax

Temporary differences

Temporary differencesCalculation of temporary differencesThe temporary difference arising in respect of an asset or liability is calculated by comparing the carrying value of that asset or liability with its tax base.IAS 12 uses the concept of taxable or deductible temporary differences. Whether a

14 Jul 2020 13:49 | Produced by Tolley in association with Malcolm Greenbaum Read more

Corporation Tax

Indexation allowance and rebasing

Indexation allowance and rebasingThis guidance note explains the general rules surrounding the availability of indexation allowance (which was frozen at December 2017) on the disposal of company assets and provides information on the rebasing rules for assets held on 31 March 1982. For an overview

14 Jul 2020 11:59 | Produced by Tolley in association with Jackie Barker of Wells Associates Read more

��˾��ҹ��