Accounting for Exporters and Importers
Stop the Border Bottlenecks
Protect your cash flow with Postponed VAT, fix your Commodity Codes, and move your goods through customs without the HMRC headaches.
Is Your Cash Flow Stuck at the Border?
Post-Brexit trading rules have turned the West Midlands’ supply chains into a minefield. If your VAT isn’t handled correctly at the point of entry, your profit isn’t just delayed, it’s shrinking.
At MyClearTax, we specialize in the “Hard Parts” of international trade. Based in Acocks Green (B27), we help Birmingham’s importers and exporters bypass the red tape and keep their margins high.
Our Accounting Services for Exporters and Importers
1. Reclaim Your Cash with Postponed VAT (PVA)
Stop paying Import VAT upfront. We implement Postponed VAT Accounting so you declare and recover VAT on your regular return.
The Result: Thousands of pounds stay in your bank account instead of being held by HMRC for months.
2. Commodity Code & Duty Audits
Using the wrong code is a ticking time bomb.
Stop Overpaying: We audit your product list to ensure you aren’t paying 12% duty when you should be paying 2%.
Audit-Proofing: We ensure your classifications stand up to HMRC scrutiny so you don’t get hit with backdated “Duty Underpayment” fines.
3. EU Trade Made Simple (OSS & IOSS)
Selling to Europe shouldn’t mean registering for VAT in 27 different countries. We manage your One Stop Shop (OSS) filings from our Warwick Road office, giving you a single portal to handle all your EU tax obligations.
We have in-depth experience with the following compliance and consulting services specific to the Exporter & Importer sector:
Accountancy Services
- Bookkeeping
- Financial Accounting
- Payroll Management
- Budgets and Cash Flow
Taxation Services
- Self Assessment
- Corporate Tax
- Vat Registration & Return
- Capital Gain Taxes
Don’t Let Customs Kill Your Profit.
We’ll check if you’re missing out on Postponed VAT and if your current shipping terms are costing you money.
Join 500+ UK businesses who have optimized their tax position with MyCleartax.
Why Birmingham’s Global Traders Trust MyClearTax
We aren’t just “number crunchers.” We are trade strategists located right in the heart of the Midlands Logistics Hub.
Incoterms Mastery: We advise you on the tax impact of DDP vs. Ex Works before you sign the contract, ensuring you aren’t surprised by hidden import costs.
Multi-Currency Automation: We sync your Xero or QuickBooks to handle FX fluctuations, so your books always reflect your real profit in GBP.
Local Presence in B27: From manufacturers in Tyseley to wholesalers in Solihull, we provide face-to-face global trade advice right here in Birmingham.
People Asked For
Possibly. We’ll perform a forensic review of your last 6 months of imports and correct your classifications before HMRC issues a formal penalty.
No, but you need the right one linked to your VAT. We manage your EORI registrations to ensure your shipping documents match your tax filings perfectly.
Yes. If you’re a high-volume importer, we can help you set up a deferment account to smooth out your monthly outgoings.
While we can’t always make the debt vanish if the law was broken, we can often challenge the classification. We will forensically audit the Commodity Codes used by your freight forwarder. If we find they misapplied the tariff, we can submit a formal appeal to HMRC to reduce or waive the demand. Don’t pay it until we’ve checked it.
Because freight forwarders are not tax experts; they are logisticians. They often pick the easiest Commodity Code, not the most tax-efficient one. Ultimately, you (the importer) are legally liable for any errors, not them. We act as your “Customs Watchdog,” checking their work to ensure you aren’t overpaying duty or leaving yourself open to a massive HMRC back-tax bill.