HMRC is to reconsider rejected VAT refund claims for 2016/17 under the overseas refund scheme, where the claim was processed after 23 May 2018 and the reason given for rejection was an invalid certificate of status (COS).
From 1 March 2019, HMRC will treat VAT as due on all payments for goods and services which customers pay for, but do not collect or use.
The government has laid the Value Added Tax (Postal Packets and Amendment) (EU Exit) Regulations, SI 2018/1376, which make overseas suppliers liable for import VAT on postal packets sent to the UK containing goods with a value of £135 or less.
The European Commission has put forward legislative proposals for quarterly information-sharing obligations on payment service providers, such as credit card companies and other payment intermediaries, as part of anti-fraud measures to support the EU VAT e-commerce directive.
HMRC is consulting until 11 February on a draft amending order which inserts a description of the new category of tobacco product, ‘tobacco for heating’, into the principal regulations.
Alan Sinyor (Bryan Cave Leighton Paisner) summarises some of the more interesting developments, dealing with a mixture of practical and more esoteric issues.
The Value Added Tax (Input Tax) (Specified Supplies) (Amendment) Order, SI 2018/1328, will come into force on 1 March 2019 to block avoidance arrangements used by insurers to reclaim VAT on services routed through offshore entities, which are then ‘looped’ back as supplies made to consumers in th
The European Commission has published proposals for a new directive and regulation containing detailed rules introducing the VAT one-stop-shop for online sellers of goods to consumers in the EU, and making online marketplaces responsible for ensuring VAT is collected on goods sold on their platfo