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Reverse charge
 
HMRC Brief 34/09, issued on 18 June, states:
Reverse charge
 
HMRC Brief 34/09 issued on 18 June states:
'VAT — reverse charge accounting for businesses trading in mobile telephones and computer chips: renewal of EU derogation
'Who needs to read this?
 
'Businesses buying and/or selling any of the following goods:
 
●     mobile telephones
 
●     integrated circuit devices such as microprocessors and central processing units in a state prior to integration into end user products.
 
'Further to HMRC Brief 28/09 [see www.lexisurl.com/t7mIX] HMRC can now confirm that the Government's application to renew the derogation was formerly agreed on 5 May 2009...

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