Import VAT
Cash Flow Opportunities
If a business has only previously traded within the EU pre-Brexit, they will not have had to deal with import VAT. Post-Brexit, businesses will need account for and declare import VAT.
We have found that not all businesses use postponed VAT accounting (PVA) whereby the payment of import VAT can be deferred with a resulting cash flow advantage.
We can assist businesses in this area as well as other VAT issues.