- Recent case at the First Tier Tribunal deals with zero rating dispatches of goods to other countries
- EU dispatches before Brexit and exports after Brexit require certain conditions to be met for zero rating
- H Ripley FTT case involved a UK business shipping goods to Belgium and zero rating the supply
- HMRC audited the business and assessed VAT due to lack of proper evidence of export
- Evidence provided was not sufficient and was produced months after the export took place
- FTT decided in favor of HMRC, emphasizing the importance of obtaining appropriate documentation within the required time frame
- Businesses must ensure they have proper evidence within the time frame to avoid VAT assessment, penalties, and interest
- Zero rating evidence is a key focus for HMRC during audits of businesses exporting goods
Source: essentiaglobalservices.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.
