HMRC publishes guidance on postponed import VAT accounting
28 July 2020| CATEGORIES: Brexit, postponed import vat accounting| TAGS: Brexit, import VAT, PVA
New postponed import VAT accounting rules for imports into the UK from both EU and non-EU countries come into effect on 1 January 2021. This will generate a cash flow benefit for UK VAT registered businesses that import. Find out more about how to benefit from this change.