My client has bought something from the US and has paid import VAT on it. in order to relaim the VAT, which boxes do the price of the item and the VAT go in please? ie is it classed as UK spend?
You should have a monthly VAT certificate, which shows the VAT paid on importation. You can claim this as input tax. The value of the goods should be included in Box 7 of your VAT Return. (Notice 700/12 explains this.)
OK. So I have a Parcel force document showing that he has paid Import VAT and customers duty but nothing else. So I'm guessing he can't claim the VAT back then? It was just a one off purchase, he doesn't import regularly.
The C79 from HMRC should arrive the following month, so its probably in the post. I wouldn't claim the VAT until you receive the C79 certificate as this is your proof of the VAT.
Amanda is correct - do follow this clear and helpful advice.
Amanda wrote:
The C79 from HMRC should arrive the following month, so its probably in the post. I wouldn't claim the VAT until you receive the C79 certificate as this is your proof of the VAT.
