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VAT changes for NI

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Previous ‘EU Exit’ regulations which amended existing UK VAT legislation were drafted based on the changes applying to the whole of the UK. Further regulations have now been made, revisiting many of the previous changes to reflect the effect of the Northern Ireland Protocol:

  • Value Added Tax (Miscellaneous Amendments to the Value Added Tax Act 1994 and Revocation) (EU Exit) Regulations, SI 2020/1544.
  • Value Added Tax (Miscellaneous Amendments, Northern Ireland Protocol and Savings and Transitional Provisions) (EU Exit) Regulations, SI 2020/1545.
  • Value Added Tax (Northern Ireland) (EU Exit) Regulations, SI 2020/1546.

In practical terms, these regulations mean that some of the amendments to VATA 1994 that had been put forward in the Taxation (Cross-border Trade) Act 2018 will now be changed – in essence to make sure those parts of VATA that are no longer required in relation to the rest of the UK will continue to apply in modified form in relation to NI.

Issue: 1514
Categories: News