Postponed VAT Reporting

Postponed VAT Accounting (PVA) will be introduced for all imports in 2021.

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Are you a VAT registered business?

Are you set up and ready for the Postponed VAT Accounting?

What is PVA anyway and why is it relevant to you?

The UK Government has confirmed Postponed VAT Accounting (PVA) will be introduced for all imports in 2021. IT means all global import VAT payments on goods being shipped into the UK will be deferred, meaning no adverse cash flow issues of paying VAT and waiting three months to claim input tax.

Are you concerned about your readiness? Speak with IMS.

0845 130 8499

solutions@imsolutions.info

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