Part V8 HMRC Notices | Commentary

700 The VAT guide

Part V8 HMRC Notices | Commentary

The VAT guide

December 2020

This notice cancels and replaces Notice 700 (November 2016)

1 Overview

1.1 What this notice is about

1.2 Other helpful notices

1.3 How to get free information and help

1.4 The VAT general enquiries helpline

1.5 Getting advice on VAT matters

1.6 Learning about VAT

1.7 Updates

2 Administration of VAT

2.1 VAT visits, tax avoidance and the law

2.2 Visits by VAT officers

2.3 Tax avoidance

2.4 VAT law

2.5 When you can rely on advice from HMRC

2.6 Extra-statutory concessions

2.7 Interest in cases of departmental error

2.8 Your rights as a taxpayer

2.9 Complaints

3 Introduction and liability to VAT

3.1 Introduction to VAT

3.2 What VAT is

3.3 VAT rates

3.4 Reduced-rated supplies

3.5 Zero-rated supplies

3.6 Exempt supplies

3.7 Further information on liability and rates of VAT

4 The basic rules for VAT

4.1 How VAT works

4.2 How to account for VAT on your supplies

4.3 VAT relief if a customer has not paid you

4.4 Supplies of goods

4.5 Supplies of services

4.6 Business and non-business

4.7 The UK, Isle of Man and the Channel Islands

4.8 Place of supply

5 VAT imports and exports. Movement of goods between Northern Ireland and EU, and Great Britain and Northern Ireland

5.1 Overview

5.2 Imported goods

5.3 Warehoused goods

5.4 Services received from outside the UK

5.5 Exported goods

5.6 Exported services

5.8 EU supplies of goods

6 Registering for VAT

7 Introduction to output tax

7.1 Output tax

7.2 Tax value

7.3 Consideration wholly in money

7.4 Consideration not wholly in money

7.5 Other rules about tax value

7.6 Values expressed in a foreign currency

7.7 Excise duty

8 Output tax—particular situations

8.1 Multiple supplies

8.2 Packaging

8 3 Delivery charges (postage and packing)

8.4 Hire-purchase, conditional sale and credit sale

8.5 Second-hand goods

8.6 Exchange units

8.7 Barter and

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