HMRC are making changes to the way they issue certificates of status (CoS) to UK businesses…
HMRC are making changes to the way they issue certificates of status (CoS) to UK businesses.
As UK businesses will be claiming VAT in the EU under the 13th Directive (VAT incurred on or after 1 January 2021 – subject to reciprocity rules), there will be a significant increase in the number of requests for CoS. The changes HMRC are making will ensure that these requests are processed efficiently without any delays.
HMRC are also requesting that we provide examples of the types of CoS accepted by the EU Member States for claimants claiming from third countries.
The above information was kindly provided by HMRC to the IVA.