A domestic VAT reverse charge was introduced in the UK for sales of mobile phones and computer chips in 2007, to counter missing trader VAT fraud that increasingly revolved around sales of these goods. The domestic reverse charge sales lists required in respect of such sales will be discontinued as from 1 July 2022.
Source Deloitte
Latest Posts in "United Kingdom"
- UK May Cut VAT on Public EV Charging to Offset Pay-Per-Mile Scheme and Boost Adoption
- UK May Cut VAT on Public EV Charging to 5% to Match Home Rates and Boost Adoption
- UK Overhauls VAT Grouping Rules to Attract Global Investment and Reclaim Overpaid VAT
- Supreme Court Rules VAT on Share Sale Costs Not Recoverable Despite Fundraising Purpose
- PFI Expiry: Managing VAT and Partial Exemption Risks at Asset Handback for Local Authorities














