The second-hand motor vehicle payment scheme was introduced by SI 2023/68 with effect from 1 May 2023. It allows businesses to claim a VAT-related payment on eligible second-hand motor vehicles that they buy in Great Britain or the Isle of Man and move, or arrange to be moved, to Northern Ireland or the EU for resale.
References to Great Britain in the context of this commentary regarding the second-hand motor vehicle payment scheme should be understood as including the Isle of Man.
What vehicles are eligible for the second-hand motor vehicle payment scheme?
The second-hand motor vehicle payment scheme does not apply to vehicles moved to Northern Ireland or the EU before 1 May 2023. For commentary regarding an interim scheme for vehicles first registered for road use prior to 1 January 2021 and moved to Northern Ireland before 1 May 2023, see V3.534. The interim scheme for vehicles first registered for road use prior to 1 January 2021 also applies to such vehicles held as stock on 1 May 2023 and sold
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Web page updated on 17 Mar 2025 13:26