HMRC are extending the deadline for using the VAT margin scheme for second-hand vehicles bought in GB and moved to NI before 1 May 2023. The deadline will now be 30 April 2024 rather than 31 October 2023.
The new VAT second-hand motor vehicle payment scheme is available for vehicles moved from Great Britain to Northern Ireland on and after 1 May 2023.
Source: www.taxjournal.com
