- HMRC’s strict evidence requirements for zero rating exports were upheld in the H Ripley case.
- Businesses exporting from the UK, especially using EXW Incoterm, should ensure they have substantial evidence for zero rating.
- Suppliers must prove goods sold are the same as those exported and provide necessary documentation.
- Review and obtain clear evidence for all export transactions to comply with UK VAT rules.
- HMRC’s victory suggests similar future cases will require substantial evidence for zero rating.
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.
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