Posted on 29/01/2016
HMRC is introducing reverse charge accounting mechanism for buyers and sellers of wholesale telecommunications.
Please see the links below which relate to (1) a briefing issued this month by HMRC about the change to VAT that will be implemented on 1 February and (2) a VAT notice from April last year that is referenced in the briefing.
The change means that it is the responsibility of the customer, rather than the supplier, to account to HMRC for VAT on supplies of telecommunications services. It will only apply to business to business transactions in the UK where those businesses are registered or liable to be registered for VAT.
1. Briefing
2. Notice 735
Please contact me should you have any queries about this and I will try to find the answer!
Cathy Gerosa
Published on 15/01/21 by [email protected] (Telecompaper)
UK mobile operators EE, O2 UK, Vodafone UK and Sky Mobile are all accepting pre-orders for the new FCS members please log in to view full article OR click here to view online
Published on 15/01/21 by [email protected] (Telecompaper)
EE is extending its unlimited data offer for NHS workers until June 2021. The offer was due to expire on 31 January and has now been extended until the summer. It is open to new and existing EE pay...
FCS members please log in to view full article OR click here to view online
Published on 15/01/21 by [email protected] (Telecompaper)
UK broadband provider Airband has won a GBP 4.5 million contract from Cheshire East Council to roll out full-fibre broadband for residents.
The contract will see Airband deliver gigabit-capab...
FCS members please log in to view full article OR click here to view online
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