Management Information Sheet
VAT Manual 2015 Update
Please see amendments to the VAT Manual for 2015:
The changes which have been amended are listed below for your information-
1.5.2. Inclusion of Independence Matters CIC as a separate entity to NCC (this will probably not affect any school transactions).
2.1.3. Changes to text to highlight issues of accounting for and reporting of goods received by NCC from the EU along with the changes to VAT on services received which is effective from 1st January 2015.
3.1.5. There are changes to how VAT must be accounted for on services supplied to the EU from 1st January 2015 so I have tried to highlight the issue within the text. It is essential that any current dealings that the Council has with the EU are reviewed for compliance and that all exports and acquisitions are reported to myself so that I can report and account for them accordingly. Electronically supplied services, being the main service I believe that NCC engage in, being possibly affected by the changes.
4.2.2. VAT registration limit updated.
There is also a copy of the VAT manual on the A-Z of the efs.norfolk.gov.uk website.