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Tax News

HMRC guidance: postponed accounting for import VAT

Published on: 01 April 2021
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Specialist Tax Regulatory Materials

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Article summary

HMRC has updated its guidance with information on identifying the problems some importers may have when trying to access their monthly VAT statements. HMRC is also aware of issues with January 2021 and February 2021 statements and has now added information on completing monthly and quarterly VAT Returns for the affected accounting periods.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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