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Contents

Official guidance
Import VAT Manual

IMPS02000 · Background information and policy objectives

  • IMPS02100 · What is an import
  • IMPS02200 · What is import VAT
  • IMPS02300 · Accounting of import VAT
  • IMPS02350 · Postponed VAT accounting
  • IMPS02360 · Practical implications of using PVA
  • IMPS02400 · Main policy objectives
  1. Background information and policy objectives: contents
  2. Background information and policy objectives: main policy objectives

IMPS02400 | Background information and policy objectives: main policy objectives

From HM Revenue & Customs · Import VAT Manual

There are three main VAT policy objectives. To ensure that

  1. the right amount of import VAT is collected and accounted for at the right time

  2. VAT reliefs are correctly applied

  3. businesses are able to fulfil their legal responsibilities

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