If you are a seller importing goods into the UK or France, you are liable to pay import tax. You can reclaim these payments, however, this process would normally take several months on end for this to happen. This delay may impact your cash flow and cause temporary outlays that can be vital for other purchases such as inventory, listing translations, PPC etc.
Why not considering utilising the PVA scheme?
PVA stands for Postponed VAT Accounting for the UK or Reverse Charge scheme for France. The purpose of PVA (or Reverse Charge scheme) is to facilitate the importation of products with the minimum cash flow impact for all sellers.
In this video, AVASK discusses the possible benefits of the PVA scheme. Explore the necessary criteria for using the scheme, how it works, and how it can benefit you.
AVASK are experts in cross-border VAT, customs and import processes. We have a dedicated team who can provide you with the best guidance when importing. If you have any questions, please feel free to email us at enquiries@avaskgroup.com or customs@avaskgroup.com
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Get in touch: enquiries@avaskgroup.com
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