What is a Cash Account?

A Cash Account is a pre-payment account linked to a trader’s EORI number when they register on CDS. This account allows for frontier payment of:

 

⦁ Customs Duty

⦁ Excise Duty

⦁ Import VAT

 

The Cash Account used may belong to the Declarant, Importer, or Representative for the consignment.

 

Payments must be calculated before arrival at the frontier, as the account must be topped up via the Government Gateway account of the party responsible for paying the total amount.

 

This is not the only method of paying VAT—see Postponed VAT Accounting for more information.