Legislation Updates

Stay informed about tax legislation changes affecting your business

VAT & Invoice Legislation Updates
2 new

Stay informed about VAT and invoicing legislation changes

Making Tax Digital for VAT: Phase 2 Implementation

New
Published: 15 Mar 2025

All VAT-registered businesses must comply with Making Tax Digital requirements, including digital record keeping and submission through compatible software.

High Impact
VAT
Upcoming
Effective: 1 Apr 2025

VAT Invoice Requirements Update

New
Published: 10 Mar 2025

New requirements for VAT invoices including additional mandatory fields and digital signature options.

High Impact
VAT
Upcoming
Effective: 1 Jun 2025 (in 35 days)

VAT Domestic Reverse Charge Expansion

Published: 20 Feb 2025

Expansion of the VAT domestic reverse charge to additional service sectors.

Medium Impact
VAT
Upcoming
Effective: 1 Sept 2025 (in 127 days)

E-Invoicing Framework Implementation

Published: 15 Feb 2025

New framework for standardized electronic invoicing to be implemented across the UK.

Medium Impact
Invoicing
Upcoming
Effective: 1 Jan 2026 (in 249 days)

VAT Rate Changes for Energy-Saving Materials

Published: 25 Jan 2025

Reduced VAT rate for energy-saving materials and installation services.

Medium Impact
VAT
Upcoming
Effective: 1 Apr 2025

Late Payment of Commercial Debts Regulations Update

Published: 10 Jan 2025

New regulations strengthening the Late Payment of Commercial Debts Act with increased penalties.

Medium Impact
Invoicing
Upcoming
Effective: 1 Jul 2025 (in 65 days)

VAT Treatment of Vouchers and Gift Cards Update

Published: 15 Dec 2024

Clarification on the VAT treatment of single-purpose and multi-purpose vouchers.

Low Impact
VAT
Active
Effective: 1 Jan 2025

Electronic Point of Sale (EPOS) Integration with MTD

Published: 20 Nov 2024

New requirements for EPOS systems to integrate with Making Tax Digital for VAT.

High Impact
VAT
Upcoming
Effective: 1 Oct 2025 (in 157 days)