Possible upcoming VAT changes soon... Please note UK-VAT-report.scm functionality will be merged into income-gst-statement.scm for 4.x onwards. Please let me know if the formulas are still correct.
---------- Forwarded message --------- From: <sdst...@hmrc.gov.uk> Date: Thu, 10 Oct 2019 at 12:16 Subject: VAT MTD API changes required in the event of a 'No Deal’ Brexit scenario To: <sdst...@hmrc.gov.uk> Dear Developer As you are aware, if the UK leaves the EU without a deal on 31 October, there will be some changes to the way businesses account for import VAT. Please see the links to gov.uk guidance below. https://www.gov.uk/guidance/accounting-for-import-vat https://www.gov.uk/guidance/complete-your-vat-return-to-account-for-import-vat-in-a-no-deal-brexit https://www.gov.uk/guidance/how-to-fill-in-and-submit-your-vat-return-vat-notice-70012 *Changes to MTD APIs * Should there be a ‘No Deal’ Brexit, the Making Tax Digital for VAT APIs will also change. We would normally change the labels for boxes 2 and 9 from ‘Acquisitions’ to ‘Imports’, however, this would break the APIs and impact all live software packages. In order to avoid this we are *not *going to be making any code changes until later. We will be updating the API documentation descriptions to ensure they are correct, but not the code. You will have to ensure the ‘customer view’ of the VAT 100 return in your software reflects the documentation changes described in the GOV.UK guidance <https://www.gov.uk/guidance/complete-your-vat-return-to-account-for-import-vat-in-a-no-deal-brexit> and also those set out below: *Box number* *What to include* Box 2 VAT due in this period on imports accounted for through postponed accounting Box 4 VAT reclaimed in this period on purchases and other inputs (including imports) Box 8 Total value of all exports of goods, excluding any VAT Box 9 Total value of all imports of goods, excluding any VAT We will change the labels in the future, but this will be subject to the agreed 6 months’ notice as per the terms of collaboration. Pease note this is *only* if the UK leaves the EU without a deal, if we do negotiate a deal any changes will be communicated once we have understood the impact on Import VAT. Where possible we will avoid breaking changes. We recommend that you keep an eye on the links above to keep up to date with Brexit and the impacts on VAT. Kind regards, *Tina Thompson* HMRC CDIO APS Enterprise Integration Services Software Developers Collaboration Software Developer Support Team *Email:* sdst...@hmrc.gov.uk The information in this e-mail and any attachments is confidential and may be subject to legal professional privilege. Unless you are the intended recipient or his/her representative you are not authorised to, and must not, read, copy, distribute, use or retain this message or any part of it. If you are not the intended recipient, please notify the sender immediately. HM Revenue & Customs computer systems will be monitored and communications carried on them recorded, to secure the effective operation of the system and for lawful purposes. The Commissioners for HM Revenue and Customs are not liable for any personal views of the sender. This e-mail may have been intercepted and its information altered. If you have any doubt about the authenticity of an email you receive which claims to come from HM Revenue & Customs (HMRC), please do not follow any links within the email, disclose any personal details or respond to it. Instead forward it to us at phish...@hmrc.gov.uk _______________________________________________ gnucash-devel mailing list gnucash-devel@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-devel
