Duty Deferment Facilities
Paying customs duties and VAT at the point of entry can place significant pressure on your cash flow – particularly if you import frequently or in large volumes. Our duty deferment service allows you to defer these payments, typically settling on a monthly basis, giving your business greater financial flexibility without compromising on compliance.
Duty Deferment
What’s Included
Deferred Payment of Duties & Import VAT
Rather than paying customs duties and import VAT at the point of entry, payments are consolidated and settled monthly – freeing up cash flow on every single shipment you move.
Access to Our Deferment Account
If your business doesn’t hold its own deferment account, you can access ours – subject to agreement – so you benefit from deferred payment without the overhead of setting up your own facility.
Reduced Administrative Burden
We handle the deferment administration end-to-end, removing the complexity from your finance team – no per-shipment payment chasing, no manual duty calculations at point of entry.
Faster Release of Goods at the Border
With duty deferment in place, your goods aren’t held pending payment at the port. Clearance moves faster, keeping your supply chain on schedule and reducing demurrage exposure.
Predictable, Manageable Import Cost Planning
Monthly consolidated statements give your finance team a clear, predictable view of import duty liabilities – making cash flow forecasting and budget planning significantly more straightforward.
This service is particularly well-suited to businesses with regular import activity who want to streamline costs and reduce the overhead of per-shipment duty payments. Speak to our team to find out whether our deferment facility is the right fit for your operation.
