Introduction Details of the Section
2.Subsection (1) amends subsections (1), (2), (6), (9) and (11) of section 55A of VATA. Section 55A permits a reverse charge to be applied to goods of a kind used in MTIC fraud. The supplies to which that section applies are specified by Treasury Order. The amendments enable that section to apply to supplies of services of a kind used in MTIC fraud in the same way as it already applies to supplies of goods.
3.Subsection (2) amends paragraph 2(3B) of Schedule 11 to VATA. Paragraphs 2(3A) and (3B) of that Schedule permit HM Revenue & Customs (HMRC) to impose additional reporting requirements in respect of supplies of goods to which section 55A applies. The amendment extends that power to supplies of services to which that section applies.