Value Added Tax Act 1994 Schedule 9ZE paragraph 1

Overview

Schedule 9ZE paragraph 1 provides an overview of the Import One Stop Shop (IOSS) scheme, a special accounting scheme for certain persons making supplies of goods to Northern Ireland or the European Union from outside those territories.

• The IOSS scheme is a special accounting scheme established under Parts 2 and 3 of Schedule 9ZE, available to certain persons supplying goods to Northern Ireland or the EU from countries or territories outside Northern Ireland or EU member states.
• Part 4 of the Schedule deals with the collection of UK VAT on supplies made under the IOSS scheme.
• Part 5 sets out rules governing IOSS representatives, while Part 6 contains supplementary provisions.
• Parts 7 and 8 cover the appeals process and definitions used throughout the Schedule.