VROBP7010 | Refunds of UK VAT to EU businesses prior to 1 January 2021: annual adjustment to claims made up to 31 December 2020

Businesses that make both taxable and exempt supplies may need to make adjustment to their previous year’s claim.

The deadline for making the adjustment in period 1 January 2020 to 31 December 2020 via the electronic EU VAT Refund system was 31 March 2021. Any EU business that was unable to make their annual adjustment by 31 March and overclaimed VAT in this period must notify HMRC by completing a VAT Declaration form – VAT65B.

If VAT has been underclaimed, see section 4 of Notice 723A for details on how to claim this.