- From April 2027, the VAT reverse charge on overseas services will be limited to UK business customers that are VAT registered; overseas suppliers to non-VAT-registered UK businesses may need to register for UK VAT and comply from that date.
- From October 2027, online marketplace VAT liability will extend to sales by UK businesses, with platforms responsible for VAT on sales by UK VAT-registered sellers and certain other UK sellers above a proposed GBP90,000 annual per-platform threshold.
- From 2 January 2028, certain larger private hire vehicle and taxi operators acting as agents will be deemed to make the passenger transport supply themselves and must charge VAT on the full fare, subject to a turnover threshold (currently proposed at GBP50 million).
- The temporary 0% VAT rate on domestic electricity will be extended by three months to 1 July 2027.
- The government also confirmed further detail on mandatory e-invoicing, which is due to start from April 2029.
Source: jdsupra.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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