Postponed VAT Statement UK: How Small Business Owners Can Get and Report PIVA
A Postponed VAT Statement is an official monthly record issued by HMRC detailing import VAT liabilities under Postponed Import VAT Accounting (PIVA). For the 2025/26 tax year, it enables UK VAT-registered businesses to declare and reclaim import tax on the same MTD VAT return, avoiding upfront payment at the border. Key Takeaways Postponed import VAT…