PART 2Amendment of secondary legislation relating to value added tax and transitional provisions
General transitional provision in relation to value added tax and power to make further provisionI1I29
1
The amendments made in relation to value added tax by any regulations made by the appropriate Minister under the Taxation (Cross-border Trade) Act 2018, or by statutory instrument under any other enactment in consequence of, or otherwise in connection with, the United Kingdom's withdrawal from the EU, do not have effect in relation to supplies made, and acquisitions taking place, before F1IP completion day.
2
In determining for the purposes of this regulation the time when a supply or acquisition of goods is made ignore sections 18(4)(a) and 18B(4) of the Value Added Tax Act 1994 M1.
3
In determining for the purposes of this regulation the time when a supply of services is made—
a
invoices and other documents provided to any person before F1IP completion day are to be disregarded,
b
4
A payment in respect of any services is to be taken for the purposes of paragraph (3) to relate to the time of the performance of those services.
5
But where a payment is received in respect of any services the performance of which takes place over a period, a part of which falls before F1IP completion day and a part of which does not—
a
an apportionment is to be made, on a just and reasonable basis, of the extent to which the payment is attributable to so much of the performance of those services as took place before F1IP completion day,
b
the payment is to that extent to be taken for the purposes of paragraph (3) to relate to a time before F1IP completion day, and
c
the remainder, if any, of the payment is to be taken for the purposes of paragraph (3) to relate to times on or after F1IP completion day.