Indirect Taxation
1.29 VAT Changes with Effect from 1 October 2007
As mentioned in Section 1.28 of the September issue of tax.point, changes to VAT invoicing regulations, including invoice number requirements, margin scheme invoices, intra EC invoices and invoicing of exempt supplies to businesses in other EU Member States have effect from 1 October 2007.
HMRC Brief No. 51/07, which provides details of the changes, is available at http://www.hmrc.gov.uk/briefs/vat/brief5107.htm.
Also, the HMRC Wolverhampton office will become the principal processing office for VAT registration and deregistration applications, with effect from 1 October 2007.