PVA – Postponed VAT Accounting

BY:

Strong & Herd
2 February 2021

SHARE:

Postponed VAT Accounting – you must read this before you start.

From 1 January 2021, VAT registered UK importers who choose to use the new Postponed VAT Accounting system to account for import VAT (rather than paying it outright to HM Revenue & Customs), must first register with Customs so that the necessary Monthly Postponed Import VAT Statement (MPIVS) can be downloaded. This document explains how to register, how to declare PVA to HMRC and how to complete your periodic VAT return.


Postponed VAT Accounting Note


OneCall™ Email assistance as and when required; A one-call solution for all your import, export and customs enquiries. Export help. Import help. Customs help.

Stay informed about customs and international trade matters by subscribing to our OneCall™ service. This comprehensive offering includes a dedicated email helpline for support, timely practical updates direct to your inbox (Did You Know?), monthly UK Customs & Trade Briefings and access to an interactive members' area with an exclusive community for our subscribers.

Subscribe Today ➝

International Trade Updates & Spotlight Newsletter

Subscribe to our free information emails covering international trade topics...

Subscribe to our newsletter ➝

MORE INDUSTRY INSIGHTS...

by Andy Baker 10 July 2025
For Businesses that are established within GB (England, Scotland, Wales), you may need to use the Safety and Security GB service to submit your ENS declarations.
by Niamh O'Connor 10 July 2025
HMRC have published Notice to Exporters 2025/18 detailing a compound settlement made by a UK exporter for breaches of UK export control conditions to Russia.
by Gail Leeson 8 July 2025
The Department of Business and Trade have published Preferential Origin and Quota documentation that will support the use of the US-UK Economic Prosperity Deal when importing beef and ethanol from the United States. The General Terms of the agreement were finalised on the 8 th May this year.
Show More