Bulk Importing Reduced Duty (BIRDS)

Bulk Importing Reduced Duty (BIRDS)

The Bulk Import Reduced Duty Scheme (BIRDS) is a
UK customs procedure that allows businesses to import large quantities of
certain goods at a reduced rate of customs duty. This scheme is designed to
support industries that import bulk goods, particularly raw materials or
components used in manufacturing, by reducing the cost burden associated with
import duties.

Impact on Cash Flow:

  • The reduction in duty rates can have a positive impact on cash flow for
    businesses, allowing them to allocate resources more effectively and
    invest in other areas of their operations.

Summary

The Bulk Import Reduced Duty Scheme (BIRDS) in the UK offers
businesses the opportunity to import bulk quantities of eligible goods at a
reduced rate of customs duty. This scheme is particularly beneficial for
industries that rely on large volumes of imported materials, as it helps reduce
costs and improve competitiveness. To take advantage of BIRDS, businesses must
apply to HMRC, meet the scheme’s eligibility requirements, and ensure
compliance with customs regulations.

At Bluebell Customs, we’re here to help you navigate the different approval options available and make sure you’re fully prepared. We can assist with adjusting your systems and processes to smoothly manage the approval. From drafting and submitting your application to filling out questionnaires and preparing any supporting documents.

With our professional approach and attention to detail, we ensure that your approval process is handled efficiently and successfully.