HMRC have issued an explanatory memorandum concerning how the EU’s legislative proposals for VAT for the digital age will impact Northern Ireland –
The memorandum responds to:
- European Commission proposal for Council regulation amending regulation 904/2010 as regards the VAT administrative cooperation arrangements needed for the digital age;
- European Commission proposal for a European Council implementing regulation amending implementing regulation 282/2011 as regards information requirements for certain VAT schemes; and
- European Commission proposal for a EU directive amending directive 2006/112 as regards VAT rules for the digital age.