Demystifying Valuation Methods - 24 Sept @ 11am
Demystifying Valuation Methods - 24 Sept @ 11am
CPD Accredited Customs Audit Masterclass: Compliance Foundations
Demystifying Valuation Methods
Date: Tuesday 24th September 2024 | Time: 11:00 am - 12:00 pm
Get Audit-Ready
Join our CPD-accredited Masterclass to get a clear understanding of HMRC's valuation methods for imported goods. We’ll break down how different methods apply to various scenarios and what evidence you might need during an audit.
Participants will explore the valuation methods for imported goods. Even free samples have a value, and HMRC lists six methods to determine this depending on the procedure used. Do you know which method was declared and why? Join us to learn what evidence might be requested during an audit and how to stay compliant.
What You’ll Gain:
Audit Red Flags: Learn what auditors look for and how to ensure your valuation evidence is ready.
Additions, Deductions, and Discounts: Calculating the value of landed goods.
Valuation Methods: Understanding the six methods listed by HMRC for valuing imported goods.
Import for Home Use vs. Special Procedures: Differentiating between valuation methods for different types of imports.
CPD Certificate: An accredited certificate giving you 1 CPD point (equal to 60 CPD minutes).
Who Should Attend:
Compliance Teams
Import/Export Companies
Buyers & Procurement
Customs Agents/Brokers
Anyone preparing for a customs audit
Event Format:
Presented by: ChamberCustoms Experts
Live, Online Format with Q&A and interactive elements
Certificate available through a unique QR code at the end of the session.
“ChamberCustoms is a valuable resource for customs agents and also for traders with regards to advice on customs procedures and issues, the presenters are very knowledgeable and experienced, and the team is friendly and helpful.”
