HMRC has updated its guidance on submitting EC Sales Lists using CSVs. In the ‘Format to use for an ESL CSV bulk upload file’ section and after the country codes the new guidance adds:
- In ‘The total value of supplies’ bullet it adds that ‘if you are reporting a call-off stock you must leave the field blank for value of supplies.
- In the following bullet the following Indicator codes have been added:
– ‘4′ (for transport of stock under call-off stock arrangements)
– ‘5’ (for returned stock under call-off stock arrangements)
– ‘6’ (for a change in intended acquirer under call-off stock arrangements)
The guidance then adds that, ‘If you use indicator ‘6’ you should add in an additional column, the VAT Registration number for the new intended acquirer for call-off stock.’
Source HMRC
Latest Posts in "United Kingdom"
- UK Supreme Court Rules Input VAT on Share Sale Professional Fees Irrecoverable for Holding Companies
- Isle of Man to Raise Plastic Packaging Tax Rate from April 2026
- Supreme Court Upholds VAT Restrictions on Share Sale Costs in Hotel La Tour Case
- UK VAT Gap Rises to £11.9bn in 2024/25, Up from £8.9bn Last Year
- Change in the VAT treatment of supplies of locum medical practitioners
