Declaring Cash on entering or leaving the UK

On 23rd April 2007, HMRC announced new rules applying from 15th June 2007 to people entering or leaving the UK. From that date, if you are travelling to or from a country outside the European Union (EU), you will need to declare any sums of cash of 10,000 Euros or more (or the equivalent in another currency) to HMRC. There is currently no such requirement.
 
The change is part of the EU’s efforts to prevent money laundering and is designed to make border cash controls consistent across the EU so that they do not upset the operation of the internal market. Details can be found in Regulation 1889/2005/EC of the European Parliament and of the Council, on controls of cash entering or leaving the community.
 
HMRC have issued a leaflet explaining the new rules (find it on the HMRC website by searching for ‘declaring cash’). The declaration must be made on forms which will be available at ports and airports. The term ‘cash’ covers currency notes and coins, bankers’ drafts and cheques of any kind including travellers cheques.
 
Penalties can be charged for failing to declare money or providing incomplete or incorrect information. HMRC can seize cash of £1,000 or more if they have reasonable grounds to suspect it is the proceeds of, or is intended for use in, unlawful conduct. There is a right of appeal against the seizure and seized cash cannot be kept for more than 48 hours without a court order.
 
There is no requirement to declare cash if you are travelling to or from another EU country. For the purposes of this requirement, the countries of the EU are:
 

Austria, Belgium, Bulgaria, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, The Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain (including the Canary Islands), Sweden, and the United Kingdom (not including the Isle of Man and the Channel Islands).

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