HMRC has now confirmed that the rules will start as from 1 January 2024 to give platforms and advisors “time to prepare for the implementation of the new rules, with collection of information starting from January 2024 and submission of the first reports due by the end of January 2025.”
Source Deloitte
Latest Posts in "United Kingdom"
- Supreme Court Clarifies VAT Recovery Rules for Corporate Groups After Hotel La Tour Decision
- Appeal Dismissed: Input VAT Denial and Personal Liability Upheld on Kittel Grounds for One Call Consultants
- Input VAT Denial Upheld: Kittel Assessment and Penalties Made Within Statutory Time Limit
- Boehringer Ruling: Could £2.5bn VAT Reclaims Transform UK Pharma and Healthcare Forever?
- VAT Recovery Possible Without Fully Compliant Invoices if Alternative Evidence Provided, UK Tribunal Rules
