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HM Revenue and Customs Brief 10/10


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Issued on 8th March 2010

VAT: Partial Exemption changes to the de minimis rules

This Revenue & Customs Brief announces two changes to simplify the partial exemption de minimis rules that take effect from 1 April 2010:

  • simplified tests
  • annual test

The de minimis limit remains the same but the changes make it easier and less time-consuming for businesses to confirm their de minimis status.

The changes are being made following a consultation on ideas to simplify the partial exemption rules, which confirmed strong support for their implementation. They are optional and businesses can benefit from them without seeking approval from HM Revenue & Customs (HMRC).


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Crown Copyright 2010.

A licence is needed to reproduce this article and has been republished for educational / informational purposes only. Article reproduced by permission of HM Revenue & Customs under the terms of a Click-Use Licence. Tax briefs are updated regularly and may be out of date at time of reading.

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Article Published/Sorted/Amended on Scopulus 2010-03-14 16:11:05 in Tax Articles

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