The Indirect Taxes (Notifiable Arrangements) (Amendment) Regulations 2023

• Citation: S.I. 2023/473
• Sections: 5

Section 1 Citation and commencement

These Regulations may be cited as the Indirect Taxes (Notifiable Arrangements) (Amendment) Regulations 2023 and come into force on 1st June 2023.

Section 2 Amendment of the Indirect Taxes (Notifiable Arrangements) Regulations 2017

The Indirect Taxes (Notifiable Arrangements) Regulations 2017 are amended as follows.

Section 3 Amendment of the Indirect Taxes (Notifiable Arrangements) Regulations 2017

In regulation 5(5) (offshore supplies – insurance and finance)—

(a) at the end of sub-paragraph (b), omit “or”;

(b) at the end of sub-paragraph (c), for “suppliers.” substitute “suppliers; or” ; and

(c) after that sub-paragraph insert—

(d) would otherwise fall to be disregarded by virtue of section 43(1)(a) of the Value Added Tax Act 1994 .

Section 4 Amendment of the Indirect Taxes (Notifiable Arrangements) Regulations 2017

In regulation 6(6) (offshore supplies – relevant business persons)—

(a) at the end of sub-paragraph (b), omit “or”;

(b) at the end of sub-paragraph (c), for “suppliers.” substitute “suppliers; or” ; and

(c) after that sub-paragraph insert—

(d) would otherwise fall to be disregarded by virtue of section 43(1)(a) of the Value Added Tax Act 1994.

Section 5 Transitional provision

(1) The amendments made by these Regulations do not apply in any case where, in relation to arrangements which fall within the description prescribed by regulations 5 or 6 of the Indirect Taxes (Notifiable Arrangements) Regulations 2017, the material date (as defined in regulation 2 of those Regulations) is before the date on which these Regulations come into force.

(2) For the purposes of paragraph 21A of Schedule 17 to the Finance (No. 2) Act 2017 (“ the Schedule ”), the amendments made by these Regulations do not apply in relation to transactions entered into, firm approaches made, and proposals that are made available for implementation, before the date on which these Regulations come into force.

(3) For the purposes of paragraph 23A of the Schedule , the amendments made by these Regulations do not apply in relation to cases where the person referred to in that provision is providing or has provided services to the client in connection with the arrangements or proposed arrangements and began to do so before the date on which these Regulations come into force.

(4) For the purposes of paragraph 36(1)(c) of the Schedule , the amendments made by these Regulations do not apply in relation to cases where the person referred to in that provision is or has been involved in the supply of the arrangements or proposed arrangements and began to be so involved before the date on which these Regulations come into force.