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UK Clarifies No Change in VAT and Excise Policy Following Removal of the Supremacy of EU Law

|Approved Changes|United Kingdom
United Kingdom

UK HMRC has issued a policy paper (brief) on the interpretation of VAT and excise law with effect from 1 January 2024 considering the Retained EU Law (Revocation and Reform) Act and the bespoke solution introduced for VAT and excise in Finance Act 2024. In short, HMRC policy for VAT and excise is unchanged.

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Interpretation of VAT and excise law from 1 January 2024

Purpose of this brief…

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