Inward Processing Relief (IPR) Training

IPR is a customs regime permitting the temporary import of goods for a process, such as repair, without the payment of customs duties or VAT.  If you bring goods into the UK or other EU countries and subsequently re-export them, eg for repair or to manufacture an exported product, then IPR can relieve you from paying import duty and VAT.  Using this customs procedure can save companies lost of money – but it can also prove to be quite a headache!  S&H LLP IPR training explains the administrative procedures that must be put in place starting with assessing the benefits of IPR for your organisation. 

• Explains the choice of IPR Authorisations, eg simplified IPR, specific IPR and local authorisation
• Shows how to complete IPR Applications – Form C&E810;
• Explains the jargon and terms relating to this regime, eg CPC, through-put period, Rate of Yield (ROY)
• Looks at what HMRC wants from you and the new Economic Codes
• Explains how to work with other IPR Traders and the new transfer procedures;
• Discusses ways to simplify Tracking, Tracing and Completing HM Revenue & Customs’ Reports – Forms C&E812 or C&E812
• How do other duty relief regimes work – eg OPR
• Controlling the customs presentation and forwarders to ensure you get the correct import entries (C88/SAD and E2) and export declarations (C88/ NES)

Whether you are already operating IPR or would just like to know more, our practical workshops unravel the mysteries. We will help you builds your own Action Plan.

Inward Processing Relief - IPR Workshop