Recent content by ooob

  1. O

    First import - applying for an EORI number

    Yeah, it's generally a case of finding out by doing, so should get better. There's an article by Andrew Minalto that has some good advice on getting started with imports from China. I can't post links yet on this forum but if you search 'andrew minalto' and 'How to import products from China'...
  2. O

    First import - applying for an EORI number

    Hi Gemma, Fun isn't it :) Like you, I ended up placing an order via courier and then applied for the EORI number despite not having all the details they ask for. So on the EORI application form (I sent mine by email) I gave TNT as the carrier and used the address of their UK headquarters...
  3. O

    Declaring postal imports - 'Single Administration Document' or CN22?

    I'm hoping someone can clarify the position on declaring imports into the UK if they are sent by post. Advice from HMRC tends to say you must declare all imports from outside the EU using a Single Administrative Document (SAD) (aka form C88). And this should be done using the CHIEF system...
  4. O

    First import - applying for an EORI number

    I see. That's good to know. You don't really know these things until you've done it, so have visions of getting it wrong.. Thanks for your help.
  5. O

    First import - applying for an EORI number

    Thanks japancool. I've just called HMRC (0300 200 3700). If I've understood it, their advice seems to be that you should really have an EORI number before your goods arrive. Goods over £600 in value will trigger a process that requires an EORI number. Items under £600 in value, and sent via...
  6. O

    First import - applying for an EORI number

    Thanks for all your replies. I seem to have spent hours reading up on this, but finding lots of conflicting advice. As I understand it so far, you need an EORI number if you are 'involved in customs activities'. So perhaps if you're using a courier, you are not 'involved in customs...
  7. O

    First import - applying for an EORI number

    Hello, I'm looking to import some products from China into the UK, sourced through Alibaba or Aliexpress. I'd been hoping to apply for an EORI number before finalising all the details of my first shipment. But now that I look at the EORI application form, it says you need to give the exact...
  8. O

    Confusion over financial statements and timings

    That's interesting. I'd have never have found that :D. Much obliged.
  9. O

    Confusion over financial statements and timings

    Thank you for your reply Walkol. I was coming around to your suggested approach. It just seemed like a bit of a 'fudge' somehow, while I was trying to be as accurate with the timing of things as possible. Cheers though.
  10. O

    Confusion over financial statements and timings

    Hello, I wonder if someone can help me with this as I seem to be going around in circles. I want to prepare some projected profit & loss statements (say every 6 months for the first year) and projected balance sheets (say at the points inbetween the P&L statements) for a new limited...