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Low value consignments

January 5, 2012

If your business arranges for goods to be sent from the Channel Islands to save VAT for your customers, you should be aware that the value of the package covered by this low value consignment relief (LVCR) was reduced from £18 to £15 from November 2011. HMRC have just announced that the LVCR will be removed altogether from 1 April 2012 for goods imported from the Channel Islands.

CLICK HERE - Reduction and removal of LVCR

CKLG Accountants in Cambridge are here to help.