The Taxation (Cross-border Trade) Act 2018 (Appointed Day No 2) (EU Exit) Regulations, SI 2019/69, appoint 23 January 2019 as the day on which provisions of the Act come into force enabling the government to establish preferential trading arrangements in favour of ‘eligible developing countries’
The government has laid three further sets of regulations making amendments to VAT legislation, to be brought into force in the event that the UK leaves the EU without a negotiated arrangement.
HMRC has written to businesses across the UK that hold a current UK-issued binding tariff information (BTI) ruling, explaining how to apply for a new ruling, or renew an expired BTI, if the UK leaves the EU without a deal.
The following three sets of regulations have been added to the government’s collection of secondary legislation made in preparation for the UK leaving the EU without a deal:
HMRC has widened its making tax digital for VAT pilot, announcing in January that members of VAT groups, newly-registered businesses and those who submit monthly returns or trade with the EU are no longer excluded from entering the pilot.
HMRC has issued 4,600 joint and several liability notices to online marketplaces since September 2016 when legislation came into effect requiring action against overseas sellers who fail to comply with their VAT obligations.
HMRC is to reconsider rejected VAT refund claims for 2016/17 under the overseas refund scheme, where the claim was processed after 23 May 2018 and the reason given for rejection was an invalid certificate of status (COS).
The government has laid the Value Added Tax (Postal Packets and Amendment) (EU Exit) Regulations, SI 2018/1376, which make overseas suppliers liable for import VAT on postal packets sent to the UK containing goods with a value of £135 or less.