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HMRC internal manual

Customs Authorisation and Approval

Guarantee Requirements for Customs Authorisations and Approvals: Explanation of actual debts

Actual debts are amounts of customs duty (and other customs charges) which have become payable.  For example, goods released to free circulation that attract a positive rate of duty.

Goods incurring an ‘actual debt’ at the time of importation may not be released until the debt has been paid or secured (for example any deferred payment has been guaranteed. The operation of a duty deferment account is conditional upon appropriate guarantees being provided).

Economic operators may be eligible to apply for guarantee reductions for deferred payments.  Please see the following sections for more details:

CAA03030 – Authorised Economic Operator Compliance (AEOC)

CAA03050 – Comprehensive Guarantees

CAA03220 – Simplified Import VAT Accounting (SIVA)

CAA03230 – Deferment Accounts.

Economic operators wishing to obtain a deferment guarantee waiver for excise duty should refer to the guidance on GOV.UK for the Excise Payment Security System (EPPS).