What is an Acquisition VAT?

According to HMRC, " If you’re registered for VAT in the UK and receive goods from other countries in the EU you’ll normally account for the VAT through your VAT return. You’ll need to account for the VAT at the same rate that you would have paid if you had bought them from a UK supplier. This VAT is known as acquisition tax and you can normally reclaim this if the acquisitions relate to VAT taxable supplies that you make. "

Note: If you are not VAT registered and receive goods from other countries in the EU, your supplier will charge VAT at the local rate in the EU country from which the goods are supplied.