Changes to reverse charge sales information for mobile phones

From 1 July 2022 businesses registered for VAT will no longer be required to report information to HMRC about sales of mobile phones or computer chips in the UK — known as the reverse charge sales list. However they will still have to operate the domestic reverse charge procedure.

Under the domestic reverse charge it is the responsibility of the customer rather than the supplier to account to HMRC for VAT on supplies of mobile phones and computer chips. It applies only to business-to-business transactions in the UK if those businesses are registered or liable to be registered for VAT. Under the de minimis rule supplies under £5 000 are excluded from it.

The online service for submitting a reverse charge sales list will be switched off on 17 October. Businesses that submit annual VAT returns or non-standard VAT returns on or...