- HMRC has published new guidance on cancelling or making changes to a VAT One-stop Shop (OSS) registration
- The VAT OSS scheme deals with VAT on distance sales of goods from Northern Ireland to consumers in the EU
- The guidance covers when to cancel or make changes, what happens after cancellation, re-registering for the scheme, and registering in an EU country
- Only one VAT OSS registration can be active at a time
- HMRC has updated its collection of VAT tertiary legislation to include a new section on notifying HMRC if a VAT OSS-registered business no longer makes eligible supplies
- The guidance can now be accessed from a single landing page on HMRC’s website.
Source: taxjournal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
