Commentary

707 Personal export scheme

Part V8 HMRC Notices
Part V8 HMRC Notices | Commentary

707 Personal export scheme

Part V8 HMRC Notices | Commentary

707
Personal export scheme

December 2020

This notice cancels and replaces Notices 707 (January 2014). It applies to supplies made on or after 1 January 2021.

It applies to supplies made in Great Britain exported out of the UK and to supplies made in Northern Ireland exported out of the UK to non-EU destinations. References to UK should be construed accordingly.

1 Overview

1.1 What this notice is about

This notice explains the procedures for zero rating the supply of a motor vehicle that is removed from the UK by the purchaser.

It explains which vehicle purchases are eligible and who is entitled to use the scheme.

It also explains how the vehicle may be used in the UK prior to exporting it.

Main narrative treatment—V4.306.

1.2 What's changed

This notice has been updated to reflect changes to the VAT treatment of supplies of goods and services following the UK's departure from the European Union.

1.3 Who should read this notice

This notice is intended for both:

  1.  

    •     overseas visitors, or UK residents who intend to remain outside the UK for at least 6 months

  2.  

    •     businesses who wish to sell vehicles under the PES.

1.4 The UK law relating to the scheme

The legal provisions that cover the scheme are contained in:

  1.  

    •     VATA 1994 s 30(8); and 30(10)

  2.  

    •     VAT Regulations 1995 (SI 1995/2518) regs 117(8), 132, 133, 133D and 133E. These regulations allow for specific conditions that have the force of law.

1.5 Regulations

Under the regulations HMRC may specify conditions for the operation of the scheme and this notice lay down the conditions

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