Duty Deferment Bonds

How Do Duty Deferment Bonds Work?

A duty deferment or custom bond gives companies that import goods from outside the UK the flexibility to ease cash flow by deferring payment for a given period.

If you import goods from outside the UK then a Duty Deferment Bond or Custom Bond is what you are looking for. The duty and VAT are payable immediately to HM Customs & Excise when your goods arrive on import at the UK border.

Who Do They Cover?

These Bonds cover any company that imports good from outside the UK. SB&G are one of the leading providers of Duty Deferment and Custom Bonds and we are able to use our experience and partners to find a highly competitive quotation ensuring our clients receive the best possible terms at all times. 

Key Features & Benefits:

• Payment of Duty & VAT deferred freeing up cash flow
• Policies are available on a 12-month ongoing facility basis or one off’s
• Does not tie up bank overdraft facilities
• Simple process and quick to implement

Many brokers simply do not understand the complexity of Bonds which is why we have a dedicated team of professionals who can help guide you through the process.

Call now to speak to one of our specialist Brokers on 02476 017646.