- The Finance Act 2021, Section 95 and Schedule 18 (Distance Selling: Northern Ireland) (Appointed Day No 2) Regulations appoint 1 March 2024 as the day for the new rules to come into force.
- Schedule 18 introduces special VAT treatment for distance sales of goods between Northern Ireland and the EU.
- The new regulations bring certain provisions of VATA 1994 Sch 9ZE into force from 1 March 2024.
- These provisions include requirements to register for the IOSS, a qualification to the requirement to pay VAT to HMRC, and appeal routes relating to registration under the IOSS.
- Schedule 9ZE Part 5, which relates to registration of IOSS representatives in Northern Ireland, has not yet been brought into force.
Source: taxjournal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
