Value Added Tax Act 1994 Schedule 9ZB paragraph 5

Valuation of goods removed from Northern Ireland to Great Britain

Schedule 9ZB paragraph 5 sets out how goods moved from Northern Ireland to Great Britain are to be valued for VAT purposes, replacing the normal imported goods valuation rules with supply-based valuation.

• This rule applies when goods are removed from Northern Ireland to Great Britain either as part of a supply or where the last supply before removal was zero-rated because of that removal.
• The normal rules for valuing imported goods (section 21) do not apply to these movements.
• If the removal happens during a supply, the value is based on the supply value calculated under the standard supply valuation rules.
• If the last supply before removal was zero-rated due to the removal, the value is based on that last supply's value under the same standard rules.