80 Call-off stock arrangements
Finance Act 2020 (2020 c 14) | Legislation

Value added tax

80  Call-off stock arrangements

(1)     VATA 1994 is amended as follows.

(2)     After section 14 insert—

“Goods supplied between the UK and member States under call-off stock arrangements
14A Call-off stock arrangements

Schedule 4B (call-off stock arrangements) has effect.”

(3)     In section 69 (breaches of regulatory provisions)—

(a)     in subsection (1)(a) for “or paragraph 5 of Schedule 3A” substitute “, paragraph 5 of Schedule 3A or paragraph 9(1) or (2)(a) of Schedule 4B”, and

(b)     in subsection (2) after “under” insert “paragraph 8 or 9(2)(b) of Schedule 4B or”.

(4)     In Schedule 4 (matters to be treated as a supply of goods or services) in paragraph 6, after sub-paragraph (2) insert—

“(3)     Sub-paragraph (1) above is subject to paragraph 2 of Schedule 4B (call-off stock arrangements).”

(5)     After Schedule 4A insert—

“SCHEDULE 4B
Call-Off Stock Arrangements
Section 14A

Where this Schedule applies

1

(1)     This Schedule applies where—

(a)     on or after 1 January 2020 goods forming part of the assets of any business are removed—

(i)     from the United Kingdom for the purpose of being taken to a place in a member State, or

(ii)     from a member

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