Commentary

RCB/51/07 Changes to the VAT Invoicing Regulations with effect from 1 October 2007

Part V16 Forms and other HMRC material

RCB/51/07 Changes to the VAT Invoicing Regulations with effect from 1 October 2007

RCB/51/07 Changes to the VAT Invoicing Regulations with effect from 1 October 2007

Revenue & Customs Brief, Issue 51. 24 July 2007

VAT regulation changes were made on 23 July 2007 and make minor modifications to the format of invoices which are effective from 1 October 2007.

The changes follow infraction proceedings begun by the European Commission. Consultation suggests that the effects on most UK businesses will be minor. Businesses most likely to be affected are those—

  1.  

    —     using the margin scheme for second-hand goods, antiques, works of art, and collectors' items

  2.  

    —     involved in making travel related supplies that fall within the scope of the Tour Operators' Margin

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial