Clause 201 - Non-established taxable persons

Part of Finance Bill – in a Public Bill Committee am 10:45 am ar 21 Mehefin 2012.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Cathy Jamieson Cathy Jamieson Shadow Minister (Treasury) 10:45, 21 Mehefin 2012

I hope, as with other clauses, that consideration of this clause will not take too long. Clause 201 and schedule 27 would amend the VAT Act 1994 from 1 December 2012, by inserting a new schedule 1A, to change the rules for determining when a business that makes taxable supplies in the UK but has no establishment here has to register for VAT. Non-UK established businesses would no longer be able to benefit from the UK VAT registration threshold. The clause would also make consequential changes to other parts of the VAT Act 1994 and the Finance Act 2008.

I understand that the various paragraphs and schedules in relation to this matter have been put forward to bring UK law into line with the judgment of the Court of Justice of the European Union in relation to VAT. In that context, we will not oppose the clause. I have one eye on the clock and I assume that the Minister will be able to respond before the Committee has to adjourn.