Changes to Import VAT

Do you import goods for a customer but don’t own them?  (i.e. you provide a processing and packaging service for an overseas business which sells it’s products in the UK).

From 15 July, you will no longer be able to reclaim the import VAT on the owner’s behalf and you should notify your customer as soon as possible so that they can register with HMRC and handle the payment and reclaiming of VAT directly.