Glossary

CDS Cash Account

CDS cash accounts streamline the payment process for customs duties and taxes. Replacing the older Flexible Accounting System, this centralised account is mandatory for all businesses using the Customs Declaration Service (CDS). You can manage your CDS Cash Account directly through the HMRC online services portal.

With a CDS Cash Account, you can easily:

  • Pay import duties and taxes
  • Authorise a customs agent
  • Withdraw funds
  • Deposit payments

By consolidating customs payments into a single account, CDS Cash Accounts offer increased efficiency, transparency, and control over your financial obligations. Businesses filing UK customs declarations through iCustoms’ iCDS platform can manage their CDS payment obligations seamlessly alongside their declarations.