Value Added Tax Act 1994 section Schedule 9ZE paragraph 30

Set-offs

Section Schedule 9ZE paragraph 30 deals with how UK VAT owed by participants in a special scheme to another member state's tax authorities can be set off against other amounts owed to or by HMRC.

• Applies to participants in a special VAT scheme who owe UK VAT to another member state's tax authorities
• The UK VAT payable under the scheme is treated as though it were payable directly to HMRC
• This treatment activates the set-off provisions in section 130(6) of the Finance Act 2008
• The effect is that HMRC can set off the UK VAT due against any amounts they may owe to the participant, and vice versa