Union Customs Code ― guarantees

By Tolley

The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:

  • Union Customs Code ― guarantees
  • Individual guarantees
  • Customs comprehensive guarantee (CCG)
  • Deferment guarantees

This guidance note provides an overview of the customs guarantee that may be required in order to cover a customs debt or a debt that could arise as a result of a customs procedure when goods enter the UK. This note should be read in conjunction with the other guidance notes in the ‘Union Customs Code’ subtopic.

Businesses will need to provide a guarantee in order to import goods into a customs procedure or defer payment of any customs duty due.

Individual guarantees

Importers can use an individual guarantee when they apply to use a special procedure as a one-off on their import customs declaration. However, this can only be used for importers who import goods using this procedure no more than three times in a 12-month period.

HMRC Customs Notice 3001 ; UCC , Art.89–100; Commission Implementing Regulation (EC) 2015/2447 ; Commission Delegated Regulation (EU) 2015/2446 

The individual guarantee must cover the total amount of the customs duty payable. There are no waivers or reductions available for businesses using an individual guarantee even if they have Authorised Economic Operator for Customs (AEOC) status.

The guarantee can be given using one of the following.

One-off deed of guarantee

The guarantor must be a bank or insurance company that has been approved by HMRC. A list of approved banks can be found on BBA  and other financial institutions on the FCA  website. In reality, most organisations are approved by HMRC to act as a guarantor.

The guarantee must be provided on the form Deed of Guarantee for payment due to HMRC commissioners (C&E 250) .

Business can contact then HMRC National Temporary Admissions Team using telephone number 03000 588 538 if they want to check that the organisation has been approved to act as a guarantor by HMRC.

General guarantee account


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