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  Glossary of terms, letter T

T1 Status

Goods not in Free Circulation.


Trader Accounting Payment System - a package providing national information on Excise traders accounts and payment details.


The Integrated Tariff of the United Kingdom. This sets out information about customs procedures for the import, export and transit of goods. It also includes details of how goods are classified for customs purposes and the rates of duty and VAT which apply to them.

Tariff Quotas

A form of European Union (EU) preference under which limited amounts of specified goods may be imported to the EU and admitted to free circulation at a reduced or nil rate of customs duty and/or Common Agricultural Policy (CAP) charges. Quota limits for goods may be expressed in units of weight; volume; quantity or value.


Through Air Waybill - an air waybill on which the final destination is not the Airport of Receipt (AOR), the goods having arrived at the AOR for routing purposes.

Tax Invoices

An invoice with a compulsory set of information given, by one VAT registered person to another, when supplying standard rated goods or services. VAT registered customers need a tax invoice to reclaim, as input tax, the VAT charged to them.

Tax Liability

Supplies may be standard rated, zero rated, reduced rate or exempt. This is their VAT liability. If supplies are neither zero rated nor exempt, they must be liable to VAT at the standard or reduced rate.

Tax Period

Also referred to as 'accounting period' or 'VAT period'. This is the period of time covered by a VAT Return. Usually lasts 3 months, but depending on the circumstances can last a year, a month or some other period.

Tax Point

The point in time that establishes the rates of duty and tax, rate of exchange etc. that apply to a transaction or a declaration made to HM Customs and Excise.

Tax Shift

Normally, it is the supplier of goods or services who must account to HM Customs and Excise for any VAT due on supplies. In certain situations, however, it is the customer who must account for the VAT instead. Also known as Reverse Charge.

Tax Value

The value on which VAT is due. The amount of VAT is the tax value multiplied by the VAT rate.

Tax Warehouse

A warehouse authorised by HM Customs and Excise for the deposit, without payment of duty, of goods liable to excise duty. There are special requirements for premises for the storage of oil.

Tax Year

A business is given a tax year. These usually end at the end of March, April and May each year.

Taxable Input Tax

Input tax incurred on goods and services purchased which is wholly used or to be used in making taxable supplies. After the method has been applied, this value will include the taxable element of residual input tax identified by the partial exemption method.

Taxable Person

Importers who are registered for VAT and are reimporting goods in the course of their business.

Taxable Supply

A supply of goods or services that is not exempt from VAT; ie one which is liable to VAT at the standard, reduced or zero rate.

Taxable Turnover

The total value of supplies at the standard, reduced and zero rates. Supplies of goods and services that are exempt from VAT do not form part of taxable turnover.


All taxes due on the goods wherever purchased have been paid and have not been, nor will be, refunded.


Tariff Commune Express consignment note.

Temporary Duty Suspensions

Are designed to allow European Union (EU) manufacturing and processing industries to compete on equal terms with non-EU producers of finished products. Import duties on components or raw materials intended for further processing are partially or completely suspended. This is providing that the goods are either not available, or not available in sufficient quantities within the EU.


Transfer Freight Manifest - a removal authority for airfreight consignments, which are to be transferred from one transit shed to another before going to the final destination.

Third Country

Any country or territory which is not part of the European Union (EU).

Throughput Level

The quantity of goods passing through a warehouse.


Temporary Importation - a relief for goods imported to the European Union (EU) for certain purposes, or under certain conditions, and which will then be re-exported.

Tied Oil

Oil which has been delivered 'conditionally relieved of duty (ie without payment of duty), to one of the following: an individually approved distributor for supply for eligible use; or an individually approved user for eligible use or a class approved person for an eligible supply or use.


Transports Internationaux Routiers - a system involving the issue to road hauliers of carnets, which allow loaded vehicles to cross national frontiers with minimum customs formalities.

Tobacco Products

These products include: cigarettes; cigars; hand-rolling tobacco; other smoking tobacco; and chewing tobacco, which are manufactured wholly or partly from tobacco or any substance used as a substitute for tobacco. Tobacco products are liable to excise duty which is generally based on the quantity or weight of the goods. Cigarettes are also liable to a duty based on the value of the goods: this is known as the 'ad valorem component' of the duty.


Transfer of a going concern - where the sale or transfer of all (or in some cases part) of business to another person. Depending on the circumstances, special rules may apply and the sale may not be treated as a supply for VAT purposes.


Tour Operator’s Margin Scheme - a VAT-simplification scheme for businesses that buy-in and resell travel, accommodation and certain other related services.

Tour Operator

A travel agent acting as principal, including those acting as undisclosed agents; or a person providing, for the direct benefit of a traveller, services of a kind enjoyed by travellers and commonly provided by tour operators or travel agents.


Tobacco Products Duty - an excise duty chargeable on tobacco products.


Trade Partners UK - was the division of British Trade International (BTI) responsible for promoting UK exports. In October 2003, BTI was renamed "UK Trade and Investment" and the Trade Partners UK identity fell out of use.


Tariff Quota - are a form of EC preference under which limited amounts of specified goods may be admitted to free circulation at reduced or nil rates of duty and/or CAP levy within a given period. The limit may be expressed in units of weight, volume, quantity or value. Once a quota has been exhausted, the commodity may still be imported, but duty or levy must be charged at the non-quota rate.


Tariff Quota Serial Number - the specific number given to each separate Tariff Quota to allow claims to each quota to be readily identified.

Trade Facility Warehouse

Approval is restricted to the specific needs of an export shop. The qualifying criteria of a general storage and distribution warehouse, is not required for this type of warehouse.


A movement where the goods are imported and exported within the confines a UK airport or port in the course of a movement which started and will end outside of the UK.


The movement of goods from one European Union (EU) Member State to another without the need to 'enter' them to a customs procedure.

Transit Shed

A place approved by HM Customs and Excise for the deposit of imported goods that have not been assigned to a customs approved treatment or use; and/or the temporary deposit of goods intended for export.


Where goods are moved directly from a supplier in one European Union (EU) Member State to the final customer in another Member State, on the instructions of an intermediate party located in a third Member State.


The Stationary Office - the official printer and publisher of the UK government. Among its other responsibilities, The Stationary Office (TSO) is responsible for the publication of all UK legislation.


Trade Statistical Production.


Tax Type Code - numeric code identifying the type and rate of VAT and Customs and Excise duties payable. See Tariff Volume 3 Appendix C7 for more information.


Time To Pay - an arrangement under which HM Customs and Excise agrees to accept payment of an outstanding debt (for VAT, for example) in instalments; or to allow a moratorium on payment. There is no legal entitlement to time-to-pay: it must be applied for in writing and each case is judged on its own merits.


Trader’s Unique Reference Number - used to identify an importer numerically. It is normally based on the trader’s VAT registration number, with a three digit extension.