HMRC Revises UK Import VAT Valuation Rates: What Freight Forwarders Need to Know?
If your business handles imports into the UK, there’s an important customs update you shouldn’t overlook. On October 21, 2026, HM Revenue & Customs (HMRC) updated its guidance on calculating import VAT values, introducing revised nationally agreed rates under Method 2 of the Valuation for VAT Addition (VVA) arrangements. These rates help eligible importers estimate […]