Revenue and Customs Brief 3 (2022): postponed VAT accounting and businesses registered under the Flat Rate Scheme

Published on: 17 February 2022

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Specialist Tax Regulatory Materials

Article summary

HMRC has published a new VAT Brief which explains how businesses registered under the Flat Rate Scheme should account for import VAT using postponed VAT accounting from 1 June 2022.

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

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