The European Commission has published the latest in its series of ‘stakeholder’ notices setting out its view of the consequences of UK withdrawal in the area of customs and taxation.
The European Commission has published the latest in its series of ‘stakeholder’ notices setting out its view of the consequences of UK withdrawal in the area of customs and taxation. The latest notice concerns EU VAT rules and is intended to complement the notice on customs and indirect taxation published on 31 January 2018.
The notice considers:
the treatment of supplies of goods between the EU and the UK, noting that as of the withdrawal date supplies and movements of goods between the EU and the UK are subject to EU VAT rules on imports and exports;
the treatment of supplies of services between the EU and the UK, noting in particular that member states may be permitted to require the designation of a tax representative by taxable persons in the UK;
the submission of VAT returns through the VAT mini one-stop shop (MOSS) scheme; and
EU VAT refunds, noting that different conditions apply to taxable persons requesting a VAT refund from a member state where they are established outside the EU.
The notice also includes some practical advice for taxable persons preparing for a UK withdrawal without a withdrawal agreement.
The European Commission has published the latest in its series of ‘stakeholder’ notices setting out its view of the consequences of UK withdrawal in the area of customs and taxation.
The European Commission has published the latest in its series of ‘stakeholder’ notices setting out its view of the consequences of UK withdrawal in the area of customs and taxation. The latest notice concerns EU VAT rules and is intended to complement the notice on customs and indirect taxation published on 31 January 2018.
The notice considers:
the treatment of supplies of goods between the EU and the UK, noting that as of the withdrawal date supplies and movements of goods between the EU and the UK are subject to EU VAT rules on imports and exports;
the treatment of supplies of services between the EU and the UK, noting in particular that member states may be permitted to require the designation of a tax representative by taxable persons in the UK;
the submission of VAT returns through the VAT mini one-stop shop (MOSS) scheme; and
EU VAT refunds, noting that different conditions apply to taxable persons requesting a VAT refund from a member state where they are established outside the EU.
The notice also includes some practical advice for taxable persons preparing for a UK withdrawal without a withdrawal agreement.
