This measure clarifies how VAT and excise law should be interpreted in the light of changes made by the Retained EU Law (Revocation and Reform) Act 2023 (REUL Act).
The government has announced that, in relation to VAT and excise law, it will no longer be possible for any part of any UK Act of Parliament or domestic subordinate legislation to be quashed or disapplied on the basis that it was incompatible with EU law following the changes made in the Retained EU Law (Revocation and Reform) Act 2023.
It also ensures that UK VAT and excise legislation continues to be interpreted as Parliament intended, drawing on rights and principles that currently apply in interpreting UK law. This ensures the stability of the VAT and excise regimes and provides legal certainty.
The government has published draft legislation for technical consultation ahead of its inclusion in an upcoming Finance Bill. The consultation will run for 4 weeks and will close on 17 November 2023.
Source gov.uk
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