- HMRC updated VAT Notice 700/1: Who should register for VAT
- Changes include updated information for non-established taxable persons (NETPs)
- NETP now defined as “any person who does not have a UK establishment”
- Guidance on when NETPs are liable to register for UK VAT provided in section 4.2
- Information added on when overseas businesses may not need to register for VAT in the UK
- Amendments also made to sections 3.7 and 3.9 regarding registration exceptions and voluntary registration dates
Source: taxscape.deloitte.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.
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