18 Questions
What is the best practice for import VAT where PVA is not used?
Download and save C79s available on CDS
When will PVA statements be available on CDS?
Eight days into the next month
What has been included in the zero-rating for installation of energy-saving materials from 1 February 2024?
Water-source heat pumps
In the case of installation of energy-saving materials, what type of work does not qualify for zero-rating?
Groundworks for heat pumps installations
What percentage of business use is allowed to qualify a building for zero-rating under the installation of energy-saving materials scheme?
More than 5%
In a recent barter transaction case involving Simple Energy, what was the consideration for which output tax was due?
$50 discount provided by Simple Energy
Which of the following is considered an ineligible appliance for the DIY Scheme?
Cookers
What is a condition that must be fulfilled for a claim on materials under DIY Scheme 4?
Construction services must be 5%
Under DIY Scheme 3, what is not a constraint on the occupant?
Their occupation
What type of appliances are eligible for the DIY Scheme?
Cooker hoods
Which statement accurately reflects the conditions for a new dwelling under DIY Scheme 2?
No prohibition on separate use or disposal is required
What evidence is required for the redevelopment of a dwelling empty for more than ten years?
Letter from the LA Empty Property Officer
What could preclude a claim for use as a farmhouse under FHLs?
Running a business from home
Which of the following items are considered ineligible for import VAT claims?
Blocked goods
Under the DIY Scheme, what is the time limit extended to from three months starting February 1, 2024?
Six months
Which of the following is true regarding claims under DIY Scheme 5?
Consumables cannot be claimed
What is a key characteristic of conversions under DIY Scheme 2?
Unoccupied for over 10 years
What is required to accompany a claim under DIY Scheme 7?
Evidence of completion
Test your knowledge on UK import VAT procedures, including PVA statements and downloading C79s on CDS. Additionally, this quiz covers the zero-rating extension for energy-saving materials effective from 1st February 2024.
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