HMRC has published the latest quarterly edition of VAT notes which includes a summary of recent changes and important notices pertaining to VAT.
The main topics covered in the latest edition are as follow:
- Authorising agents – Details of how to provide HMRC with the appropriate authorisation to allow an agent to deal with a client’s VAT affairs. HMRC will not answer any agent’s enquiries unless the proper agent authorisation is in place.
- VAT Mini One Stop Shop (MOSS) – From 1 January 2015 changes will made to the place of taxation of consumer supplies of telecommunications, broadcasting and e-services. This change will mean that businesses who supply these services will not have to register for VAT in every EU Member State where they have customers. To save the need for businesses affected by these changes to register for VAT in other Member States, a MOSS will be introduced from 1 January 2015. The MOSS scheme will allow businesses affected by the changes to avoid registering for VAT in every EU Member State where they make supplies.
- A summary of new and revised VAT notices.