HMRC has invited interested parties to request an advance copy of new guidance on the VAT reverse charge on intra-group supplies. The guidance takes account of FA 2012 s 200, which put an HMRC concession on a statutory footing. It will not be published until guidance on the valuation of supplies has been updated, but copies can be requested by email.
‘The new guidance is relevant to taxpayers that are VAT groups; have group members that have overseas establishments; make charges to the UK from those overseas establishments; and are partly exempt,’ HMRC said.
HMRC has invited interested parties to request an advance copy of new guidance on the VAT reverse charge on intra-group supplies. The guidance takes account of FA 2012 s 200, which put an HMRC concession on a statutory footing. It will not be published until guidance on the valuation of supplies has been updated, but copies can be requested by email.
‘The new guidance is relevant to taxpayers that are VAT groups; have group members that have overseas establishments; make charges to the UK from those overseas establishments; and are partly exempt,’ HMRC said.
