# The Value Added Tax (Amendment) (No.4) Regulations 2007, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations, which come into force on 1st July 2007, amend the Value Added Tax Regulations 1995 (S.I.1995/2518) (“the principal Regulations”).
They amend Part 4A of the principal Regulations (Reverse Charge Sales Statements) by inserting a new regulation 23D. This provides that a person must notify the Commissioners within 30 days if he ceases to make supplies to which section 55A(6) of the Value Added Tax Act 1994 applies (customers to account for tax on supplies of goods of a kind used in missing trader intra-community fraud) or, having so ceased, recommences making such supplies.
A full regulatory impact assessment of the effect that section 55A and this instrument will have on the costs of business and the voluntary sector is available at www.hmrc.gsi.gov.uk.and is annexed to the Explanatory Memorandum which is available alongside the instrument on the OPSI website.

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Source: https://www.legislation.gov.uk/uksi/2007/1599/note (the official version)
Page: https://openlegislation.uk/value-added-tax-amendment-no4-regulations-2007/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.