UK Statutory Instrument 1995 United Kingdom

Customs Traders (Accounts and Records) Regulations 1995

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At a glance

Enforced by

HMRC

What's here

6 compliance obligations, 2 practical guides across 2 topics · 2 journeys

Who this Act binds

Business-side actors with duties under this Act, ranked by how often they appear.

  • Trader 6

Step-by-step journeys using this legislation

Walkthroughs that take you from a real business situation to compliance.

Relevant guidance

Practical guides for businesses affected by this Act, ordered by how closely they engage with it.

Direct — cites this Act

1 guides

Mentioned in related content

1 guides

Other Acts binding the same actors

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Traders also bound by 219 other Acts (top 5 shown)

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

Schedules

Browse 28 other Schedules — structural / supplementary
s.sch001

A profit and loss account, trading account, management account, management...

s.sch001

An internal or an external auditor’s report.

s.sch001

A record relating to any drawback, remission, repayment or reimbursement...

s.sch001

A record required, other than by virtue of these Regulations,...

s.sch001

A stock record.

s.sch001

Any other record maintained for a trading or business purpose....

s.sch001

An order.

s.sch001

Notes of interpretation

s.sch001

An invoice.

s.sch001

In note 1 above “anything” includes— (a) an item described...

s.sch001

A delivery note.

s.sch001

In note 1 above “form” includes documentary or other written...

s.sch001

A credit note.

s.sch001

In paragraphs 6, 8 and 12 above “record” means anything...

s.sch001

A debit note.

s.sch001

In paragraph 12 above “duty” means any duty of customs...

s.sch001

A record relating to an importation or an exportation.

s.sch001

In paragraph 13 above “record” means anything containing information which...

s.sch001

A statement of account.

s.sch001

In paragraph 15 above “record” means anything that is maintained...

s.sch001

A record of payment or of receipt.

s.sch001

A journal or ledger.

s.sch002

A drawing, graph, map or plan.

s.sch002

A photocopy.

s.sch002

A disc, sound track, tape, or other device in which...

s.sch002

Any film, microfilm, negative, tape or other device in which...

s.sch002

A transcript or reproduction.

Browse 12 other sections — procedural / definitional / commencement
s.001

Citation and Commencement

s.002

Interpretation

s.003

Customs trader’s records to be kept and preserved

s.004

Specific records in the case of certain traders

s.005

Records specified in public notices

s.006

Records relating to customs declarations

s.007

Form of records

s.008

Time of recording

s.009

Period of preservation of records

Read the full Act on legislation.gov.uk (opens in a new tab)

Official guidance

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Enforcement and responsible bodies

The regulators that administer or enforce this legislation.

HMRC

HM Revenue & Customs

Tax collection, customs duties, national insurance, tax credits, and enforcement of the National Minimum Wage. Regulates all UK businesses for tax compliance …

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