PVA Adjustment in the VAT Return

For information on CDS and PVA, please see the article in Client Bites.

Step 1: Obtain PVA statement

Obtain the monthly postponed import VAT statement for the quarter from the client.

Step 2: Adjust the VAT return

In the VAT return, click “Apply Postponed VAT Accounting (PVA) adjustments”

Step 3: Apply PVA adjustments

Enter details from the PVA statement obtained in Step 1. Also upload the PVA statement.

Step 4: Click Save

Once all the details are entered and the statement uploaded, click Save.

You will need to do one adjustment per PVA statement.

Step 5: Submit to HMRC

The PVA adjustment will now show within Boxes 1 and 4.

Once you are happy with the VAT return, click “Submit to HMRC“.