The government has laid three more sets of regulations making consequential and transitional amendments to VAT legislation, to be brought into force in the event that the UK leaves the EU without a negotiated arrangement.
The Value Added Tax and Excise Personal Reliefs (Special Visitors and Goods Permanently Imported) (Amendment) (EU Exit) Regulations, SI 2019/91, make consequential amendments to two existing orders to ensure that certain goods brought into the UK by private individuals, diplomats and visiting forces will continue to be free of UK VAT and excise duty after Brexit. They will come into force on a date appointed by Treasury order in the event that the UK leaves the EU without a negotiated arrangement.
The Taxation (Cross-border Trade) Act 2018 (Appointed day No 3) and the Value Added Tax (Postal Packets and Amendment) (EU Exit) Regulations 2018 (Appointed day) (EU Exit) Regulations, SI 2019/104, bring into force from 28 January 2019 the definition of import VAT contained in the Act, which will apply to imports from EU member states following Brexit. Also brought into force from 28 January are those parts of the new ‘postal packets’ regulations (SI 2018/1376) establishing HMRC’s registration scheme for overseas suppliers, to enable registration in advance of exit day.
The Taxation (Cross-border Trade) Act 2018 (Value Added Tax Transitional Provisions) (EU Exit) Regulations, SI 2019/105, set out transitional provisions to deal with certain issues arising from amendments made to VATA 1994 in connection with the UK’s withdrawal from the EU. These include: rules to ensure that VAT and import duty amendments in Pt 3 of the Act do not have effect in relation to supplies/acquisitions taking place, or removals commenced, before exit day; and references to inaccuracies or failures in relation to ‘s 55A statements’ about the reverse charge on specified supplies will only include such statements due before exit day. The regulations will come into force on a date appointed by Treasury order in the event that the UK leaves the EU without a negotiated arrangement.
The government has laid three more sets of regulations making consequential and transitional amendments to VAT legislation, to be brought into force in the event that the UK leaves the EU without a negotiated arrangement.
The Value Added Tax and Excise Personal Reliefs (Special Visitors and Goods Permanently Imported) (Amendment) (EU Exit) Regulations, SI 2019/91, make consequential amendments to two existing orders to ensure that certain goods brought into the UK by private individuals, diplomats and visiting forces will continue to be free of UK VAT and excise duty after Brexit. They will come into force on a date appointed by Treasury order in the event that the UK leaves the EU without a negotiated arrangement.
The Taxation (Cross-border Trade) Act 2018 (Appointed day No 3) and the Value Added Tax (Postal Packets and Amendment) (EU Exit) Regulations 2018 (Appointed day) (EU Exit) Regulations, SI 2019/104, bring into force from 28 January 2019 the definition of import VAT contained in the Act, which will apply to imports from EU member states following Brexit. Also brought into force from 28 January are those parts of the new ‘postal packets’ regulations (SI 2018/1376) establishing HMRC’s registration scheme for overseas suppliers, to enable registration in advance of exit day.
The Taxation (Cross-border Trade) Act 2018 (Value Added Tax Transitional Provisions) (EU Exit) Regulations, SI 2019/105, set out transitional provisions to deal with certain issues arising from amendments made to VATA 1994 in connection with the UK’s withdrawal from the EU. These include: rules to ensure that VAT and import duty amendments in Pt 3 of the Act do not have effect in relation to supplies/acquisitions taking place, or removals commenced, before exit day; and references to inaccuracies or failures in relation to ‘s 55A statements’ about the reverse charge on specified supplies will only include such statements due before exit day. The regulations will come into force on a date appointed by Treasury order in the event that the UK leaves the EU without a negotiated arrangement.
