HMRC details on who can reclaim import VAT

Tiwem4780717 Feb, 2021Business

Normally, you can claim input VAT on any goods imported if they are for business use and you claim it on your VAT Return of the concerned accounting period. Businesses registered for VAT can use postponed VAT accounting from January 2021. Any UK business importing goods for businesses from anywhere in the world can use this scheme to account for import VAT. If you import non-controlled goods from EU to Britain between January 2021 and June 2021