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Friday, 12 April 2013 10:50

Vehicles into UK: New VAT Rules Effective April 15, 2013

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The UK's #HMRC has changed the rules regarding #VAT payment on vehicles entering the #UK from April 14, 2013.

HMRC calls the new system: Notification of Vehicle Arrivals (NOVA). It is intended to improve the process for notifying HMRC and paying the required VAT.  This is another bureaucratic nightmare if you take a vehicle into UK. You have to not only inform HMRC within 14 days but pay VAT, if it is required during that time period.

The best way to handle NOVA is to do it yourself online or assign a tax advisor or freight forwarding agent to handle on your behalf.

More details on our dedicated page: Vehicles into UK: New VAT Rules Effective April 15, 2013

Read 1681 times Last modified on Monday, 23 December 2013 09:05

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