SCHEDULES

F1SCHEDULE 9ZEDistance selling of goods imported to Northern Ireland: special accounting scheme

Annotations:
Amendments (Textual)
F1

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

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.