HMRC - VAT Update
- Reverse Charge
HMRC have published an Information Sheet which provides information on a new VAT accounting mechanism in relation to reverse charge for purchases and sales of mobile phones and computer chips. The information sheet is available at http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&propertyType=document&id=HMCE_PROD1_027316. - VAT Notes No. 1 2007
Items in this edition include: - Are you a developer constructing blocks of flats or similar residential properties?
- Are you a health professional providing medical services?
- Changes to VAT exemption.
- Do you pay or receive ‘cash backs’?
- Do you supply private tuition? The first edition of VAT Notes is available at http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageLibrary_PublicNoticesAndInfoSheets%1D%22ertyType=document&columns=1&id=HMCE_PROD1_027334.
- Notice 709/1
April 2007 Update 1: This update amends paragraph 2.6 on page 7 of this notice, which deals with catering and take-away food. - Notice 700/1 and 700/11
April 2007 Update 1: This update amends various paragraphs following the changes to the VAT n registration and deregistration threshold announced in the Budget.
