SCHEDULES
F1SCHEDULE 9ZEDistance selling of goods imported to Northern Ireland: special accounting scheme
PART 3Liability, returns, payment etc
IOSS scheme returns: further requirements
12
1
An IOSS scheme return is to be made out in sterling.
2
Any conversion from one currency into another for the purposes of sub-paragraph (1) is to be made using the exchange rates published by the European Central Bank—
a
for the last day of the reporting period to which the IOSS scheme return relates, or
b
if no such rate is published for that day, for the next day for which such a rate is published.
3
An IOSS scheme return—
a
must be submitted to the Commissioners before the end of the calendar month following the month in which the last day of the reporting period to which it relates falls;
b
must be submitted by such electronic means, and in such form and manner, as the Commissioners may direct (by means of a notice published by them or otherwise) or may by regulations require.
Schs. 9ZD-9ZF inserted (10.6.2021 for specified purposes, 1.7.2021 for specified purposes, 1.3.2024 for specified purposes) by Finance Act 2021 (c. 26), s. 95(6)(a), Sch. 18 para. 6; S.I. 2021/770, regs. 3, 4 (with regs. 5-7); S.I. 2024/130, regs. 3, 4