Free Tools/Currency & Finance/Duty Deferment Estimator
Currency & Finance#20

Duty Deferment Estimator

Estimate the Duty Deferment Account limit you need based on your average monthly import duty and VAT payments.

Free Tool

Monthly Import Profile

GBP

Total value of goods you import per month, on a CIF basis

%

Blended average across all your commodity codes

%

Usually 20% for standard goods; 5% for some reduced-rate goods

Financial Assumptions

%

The interest rate you'd earn or pay on equivalent cash

The benefit of duty deferment is that you delay cash outflow, effectively getting an interest-free loan from HMRC for ~30 days. We calculate this based on your cost of capital.

ℹDuty Deferment Accounts (DDAs) require HMRC approval and a bank guarantee. VAT-registered importers can account for import VAT on their VAT return (PVA) separately.

Enter your import profile to estimate DDA benefit

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