V1.312 Brexit—zero-rating, reduced-rating and exemption
This paragraph considers ways in which Brexit may impact on the zero-rating, reduced-rating and exemption provisions. For coverage of those provisions generally, see Division V4.1 (exemption), Division V4.2 (zero-rating) and Division V4.4 (reduced-rating). For discussion of the impact of Brexit on the flexibility to set rates in the UK, see V1.301A, and for an overview of the impact of Brexit on VAT more broadly, see V1.301.
In the short term at least, it is not anticipated that there will be many direct changes to zero-rating, reduced-rating and exemption in the UK at the end of the implementation period. Nonetheless, some consequential changes have been made and the changes to the status of EU legislation and case law (for which see V1.301) may in due course prove to be of great importance in some areas.
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