This Tax Information and Impact Note details the power to introduce a new Second-hand Motor Vehicle Export Refund Scheme.
This measure provides a power that will enable the government to introduces a Second-hand Motor Vehicle Export Refund Scheme. Once legislation is introduced, businesses that remove used motor vehicles from Great Britain for resale in Northern Ireland or the EU may be able to claim a refund of VAT following export.
Source gov.uk
Latest Posts in "United Kingdom"
- Chancellor Rachel Reeves’ Statement on Economic Response to Iran War and Cost of Living Support
- Reeves’ VAT Cut Possible Only Thanks to Brexit
- EY on summer VAT cut’s limited but welcome boost for hospitality
- Business leaders say temporary VAT cuts don’t go far enough
- Museums Included in Temporary Summer VAT Cut
