The HM Revenue and Customs of the United Kingdom has recently provided updated guidance on VAT-related payment claims under the second-hand motor vehicle payment regime. This guidance specifically applies to taxpayers without a business establishment in the UK. The updated guidance covers several important aspects, including the eligibility requirements for using the payment scheme, the timeline for submitting VAT-related payment claims, the necessary information and documents needed to make a claim, and the procedure for submitting the claim using form VAT67.
These updates will come into effect from August 1st.
Source: gov.uk