TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

VAT Implications of Bringing Vehicles into The UK

HMRC have introduced a new system which must be used to notify them and pay any VAT due when a vehicle is brought into the UK.

When a motor vehicle is brought permanently into the UK from abroad, HMRC must be notified using the Notification of Vehicle Arrivals system. The vehicle can only then be registered and licensed through the Driver and Vehicle Licensing Agency (DVLA)/Driver and Vehicle Agency (DVA).

This new guide explains how VAT-registered businesses must notify HMRC and pay or account for the VAT due on vehicles brought into the UK.