The following Value Added Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marked the end of the Brexit transition / implementation period entered into following the UK’s withdrawal from the EU. At this point in time, key transitional arrangements came to an end and significant changes began to take effect across the UK’s VAT and customs regime. This document contains guidance on subjects potentially impacted by these changes. Before continuing your research, see the Brexit — overview guidance note.
This note applies to transactions whilst the Great Britain was a member of the EU and during the transition period that ended on 31 December 2020. For information on Northern Ireland see the Northern Ireland topic.
This guidance note provides an overview of the zero-rating provisions that relate to supplies of freight containers that will be removed from the UK.
From a VAT perspective, a container is treated as an article of transport equipment, such as a lift-van, moveable tank or similar that meets the following conditions laid down in HMRC Notice 703/1:
fully or partially enclosed to constitute a compartment intended for containing goods
of a permanent character and accordingly strong enough to be suitable for repeated use
specially designed to facilitate the carriage of goods, by one or more means of transport, without intermediate reloading
designed for ready handling, particularly when being transferred from one mode of transport to another
designed to be easy to fill and to empty, and
having an internal volume of one cubic metre or more
HMRC also goes on to state that the term container includes:
the accessories and equipment of the container, appropriate for the type concerned, provided that such accessories and equipment are carried with the container. The term ‘container’ does not include vehicles, accessories
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