HMRC issued another notice on 11 April about a Covid 19 relaxation for importers to extend the date when they must account for import VAT and duty beyond the 15th April deferment date. But they would need to act urgently as the note sets out below. For affected businesses, urgent action needs to be taken as set out below.
Source: centurionvat.com
Latest Posts in "United Kingdom"
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained
- UK Supreme Court Confirms VAT on Intragroup Fees for Former VAT Group Members
