Released 17 February 2021

HMRC have updated their guidance on how to obtain an individual guarantee to cover customs debts, which may be used to cover customs duties for one-off or high value imports.

In particular, the section about 'deed of guarantee' has been updated to advise the guarantor must be a financial institution regulated by the Prudential Regulation Authority (PRA).

View the guidance Get an individual guarantee to cover customs debts.