The Value Added Tax Regulations 1995

Notification of acquisition of new means of transport by non-taxable persons and payment of VAT

148.  —

(1) Where—

(a) a taxable acquisition of a new means of transport takes place in the United Kingdom,

(b) the acquisition is not in pursuance of a taxable supply, and

(c) the person acquiring the goods is not a taxable person at the time of the acquisition,

the person acquiring the goods shall notify the Commissioners of the acquisition within 7 days of the time of the acquisition or the arrival of the goods in the United Kingdom, whichever is the later.

(2) The notification shall be in writing in the English language and shall contain the following particulars—

(a) the name and current address of the person acquiring the new means of transport,

(b) the time of the acquisition,

(c) the date when the new means of transport arrived in the United Kingdom,

(d) a full description of the new means of transport which shall include any registration mark allocated to it by any competent authority in another member State prior to its arrival in the United Kingdom and any chassis, hull or airframe identification number and engine number,

(e) the consideration for the transaction in pursuance of which the new means of transport was acquired,

(f) the name and address of the supplier in the member State from which the new means of transport was acquired,

(g) the place where the new means of transport can be inspected, and

(h) the date of notification.

(3) The notification shall include a declaration, signed by the person who is required to make the notification or a person authorised in that behalf in writing, that all the information entered in it is true and complete.

(4) The notification shall be made at, or sent to, any office designated by the Commissioners for the receipt of such notifications.

(5) Any person required to notify the Commissioners of an acquisition of a new means of transport shall pay the VAT due upon the acquisition at the time of notification or within 30 days of the Commissioners issuing a written demand to him detailing the VAT due and requesting payment.