HMRC have issued new guidance on the following topics:
- How to work out the value of a vehicle for the second-hand motor vehicle payment scheme
- Check which records to keep for second-hand vehicles you move to Northern Ireland for resale
- Sales of second-hand motor vehicles in Northern Ireland
- Check which motor vehicles are eligible for the second-hand motor vehicle payment scheme
- Check which records to keep for second-hand vehicles you export to the EU for resale
- Claim a VAT-related payment if you buy second-hand motor vehicles in Great Britain and export them to the EU for resale
- Claim a VAT-related payment if you buy second-hand motor vehicles in Great Britain and move them to Northern Ireland for resale
Related content from Claritax Books
Value Added Tax, written by Ciaran McGee MA (Oxon), FCA, CTA, is an extensive volume (over 1,000 pages), written primarily for non-VAT specialist accountants and tax advisers.
