V16.103 VAT Notes No 3 2013

V16.103 VAT Notes No 3 2013

Notification of Vehicle Arrivals (NOVA) online service – update

Since 15 April 2013, new and used land vehicles brought permanently into the United Kingdom (UK) from abroad have to be notified to HM Revenue & Customs (HMRC) within 14 days of arrival. Any VAT due on these vehicles must be paid or accounted for on the next return. A new online system called Notification of Vehicle Arrivals (NOVA) was introduced to support this change. NOVA replaced a number of HMRC VAT and Customs paper forms.

NOVA and late notification penalties

On 1 July 2013, the penalty regime was “switched on” in the NOVA system and now applies to late NOVA notifications. HMRC did not issue any penalties for the first few months to allow customers time to adjust to using the new system. From 1 July, a financial penalty can be incurred for any notifications not made within 14 days of the vehicle arrival. This is calculated at £5 a day for every day the notification is late. For more information about the penalty regime, see sections 4 and 4.1 in VAT Information Sheet 06/13 (V16.1012, Division V16.5). Go to hmrc.gov.uk/thelibrary/vat

NOVA and certain commodity codes

For a temporary period, the NOVA system could not cater for certain types of commodity codes in

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial