Revenue & Customs Briefs published up to 31 March 2016

Revenue & Customs Briefs published up to 31 March 2016

Reminder of withdrawal of the VAT Misdirection Extra Statutory Concession 3.5 in cases of VAT liability change

On 1 February 2016 HMRC published Revenue & Customs Brief 7/2016: reminder of withdrawal of the VAT Misdirection Extra Statutory Concession 3.5 in cases of VAT liability change. This Revenue & Customs Brief announces that HMRC will cease to routinely consider requests to waive VAT where the business has had to register because of a change of HMRC’s interpretation of the law that leads to a change in the VAT liability of a supply from 1 August 2016.

VAT MOSS – Simplifications for businesses trading below the VAT regisration threshold

On 5 February 2016 HMRC published an updated version of Revenue & Customs Brief 4/2016: VAT MOSS – Simplifications for businesses trading below the VAT regisration threshold replacing the guidance with links to the detailed guidance elsewhere on the GOV.UK website.

These could be useful changes and contains a reminder that some sellers of eservices may be undertaking a hobby rather than being in business. Reviewing the situation of sellers in this position may enable them to cancel their VAT registration and withdraw from VAT MOSS.

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close