If your business is registered for VAT in the UK, find out when you can, or need to, account for import VAT on your VAT Return (also called postponed VAT accounting).
Update March 16:
The end date when you must account for import VAT on your VAT Return if you delay your customs declaration or use a simplified customs declaration has been changed from 30 June 2021 to 31 December 2021.
Contents
- Who can account for import VAT on their VAT Return
- When you can account for import VAT on your VAT Return
- When you must account for import VAT on your VAT Return
- Using someone to import goods on your behalf
- How to complete your customs declaration in order to account for import VAT on your VAT Return
- If you import goods in consignments valued at £135 or less
- If you import commercial goods (merchandise in baggage) into to Great Britain or Northern Ireland
- What you need to do next
Source gov.uk
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