Recovery of Import VAT
HMRC have published an information paper in relation to the recovery of VAT on goods imported into the UK.
There had been some inconsistencies in the collection of VAT on imported goods. HMRC have now confirmed the minimum amount of VAT they will collect from 1 December 2008 will be €22 / £18. The limit for the recovery of Customs duty debt remains at €10 / £7.
HMRC have stated that legally there is no minimum threshold for import VAT but they will apply the €22 / £18 limit for the foreseeable future.