R
Robert Clark
Deleted User
Just received this in the post
May be useful to others
May be useful to others
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I understand that you have to pay vat when importing a vehicle into the UK from the EUDuty and VAT not applicable within the EU . Should we leave without a trade agreement it will then apply . Importing from the rest of the world it does apply.
My understanding to (assuming new).This section is a bit onerous
I understand that you have to pay vat when importing a vehicle into the UK from the EU
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if you import a new van, you pay UK VAT - but no duty....
if you have paid VAT in say germany, you still need to pay UK VAT and reclaim German VAT if i understand correctly - new vehicles are subject to different VAT arrangements than regular goods bought in the EU and imported.
It is reasonably straightforward tho - you use the NOVA process
https://www.gov.uk/importing-vehicles-into-the-uk/telling-hmrc
https://www.gov.uk/nova-log-in
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One has to question how many times you have privately imported a new vehicle. The dealers WILL be required to account for the sales tax and if they do not have proof that it was exported and the sales tax paid in the other EU country then they will have to pay in theirs and be out of pocket. The process you define only applies from one VAT registered entity to another quoting the importers VAT number which under the new legislation will be a import export approved number not your bog standard UK VAT number.If buying from a dealer in the EU , get them to supply VAT free for export, then you pay HMRC the VAT in the UK. All cross border transactions are handled in this way. You may be asked to sign a form confirming that the goods have been exported from the supplying country.
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