Commentary

V16.408 Alternative method of VAT collection: “split payment”

Part V16 Forms and other HMRC material

V16.408 Alternative method of VAT collection: “split payment”

V16.408 Alternative method of VAT collection: “split payment”

To reduce online VAT fraud by third country sellers and improve how VAT is collected on cross-border e-commerce, the government is looking at a split payment model. Following the consultation launched at Spring Statement 2018, the government is publishing a response at the Budget. An Industry Working Group will also be established to address some of the main challenges associated with this policy through close cooperation with stakeholders.

Main narrative treatment—V5.146.

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