taxx23

Thank you Admin, appreciate it.

Hi, We have some goods arrived that cleared customs and were imported on 3rd September. So PVA was done on this date. The suppliers commercial invoice is dated for July 2024 and our VAT quarter end was 31st August 2024. My question is do we account for these goods purchase in our current VAT quarter (Sept - Nov 2024), as the PVA statements won't be available till 10th October onwards and our VAT filing is due by 7th October, or do we account for them in our last VAT quarter (June-Aug 2024) ? Thanks

Thank you, I have a CDS account but just never used PVA before so wanted to check. It's mainly as the customs agent wants to charge 1% fee even though we pay the VAT to them before the import, they still use their own deferment account to pay HMRC so we just wanted to avoid this fee where possible. Thanks

Hi, I have a query regarding PVA and C79s. Our Customs Agent has used the C79 method for import VAT for a consignment that arrived beginning of August which is fine as we paid them the VAT upfront but has now sent us an invoice for using deferment (previous shipments with them we have used the same method however they never charged for using deferment). I assume they have a deferment account with HMRC. My question is can we switch to using PVA this month for our next consignments arriving before the end of this month? So essentially we would have a consignment using the C79 method and then consignments using the PVA method within the same month. And is there any other catches to PVA, apart from subscribing to the CDS and downloading monthly statements is there anything else we need to do? I believe we shouldn’t be charged for deferment by our agent if we use PVA? thanks