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A retooled notification of vehicle arrivals (NOVA) regime is set to come into effect today (1 April), with changes focusing on notifying HMRC when the intention of the ultimate use of a vehicle is altered after entering the UK.
The NOVA system launched on 15 April 2013 as an anti-fraud measure to tackle the problem of motor vehicles being brought into the county without the payment of VAT.
Today’s revamp is geared to prevent the generation of penalties for late notification.
A retooled notification of vehicle arrivals (NOVA) regime is set to come into effect today (1 April), with changes focusing on notifying HMRC when the intention of the ultimate use of a vehicle is altered after entering the UK.
The NOVA system launched on 15 April 2013 as an anti-fraud measure to tackle the problem of motor vehicles being brought into the county without the payment of VAT.
Today’s revamp is geared to prevent the generation of penalties for late notification.
A VAT-registered business must submit a NOVA notice within 14 days of dropping its intention to inform the DVLA of a vehicle at the point of its arrival to the UK.
But the Revenue accepts a firm may not become aware for some time of the change of objective to register the vehicle through the DVLA’s secure registration scheme or automatic first registration and licensing system.
The revised rules will see the 14-day notification period run from the date when the business becomes aware of a switch in circumstances, which is often the result of a customer of the firm deciding it does not require the vehicle to be registered for road use in the UK.
Individuals and businesses will also benefit from the restyled system by reporting – via the online NOVA system or the VAT NOVA 1 paper form – a change of intention within 14 days of deciding to make permanent a vehicle originally brought into the UK on a temporary basis of no more than six months in a 12-month period.
