The government has implemented VAT Code A 162/2024, published in the Official Gazette on 11 October 2024, to ensure clarity and uniformity in provisions without introducing any significant changes.

This comprehensive update simplifies VAT regulations, ensuring they align with both national and EU standards, while reflecting recent developments and modern practices.

Streamlined language: Articles and sections have been reorganised for clearer, more uniform wording to make the Code easier to interpret.

Elimination of conflict: Inconsistencies within the previous VAT regulations have been resolved, enabling the provisions to stand independently.

Removal of obsolete rules: The Code eliminates outdated sections, ensuring only relevant laws remain.

EU alignment: Parts of EU secondary legislation have been integrated to ensure consistency with European rules.

Revised administrative roles: Titles and responsibilities of government bodies have been updated to match current organisational structures.

Modernised procedures: Procedures have been adapted to reflect the latest legislative requirements.

Recent regulations added: New VAT-related laws have been incorporated to keep the Code up-to-date.

Customs law updates: Both national and EU customs law updates have been incorporated.

Standardised terminology: Terminology has been updated, replacing “Community” with “European Union,” while keeping “intra-Community” for EU transactions.

Brexit adjustments: The Code accounts for post-Brexit changes, ensuring that regulations adapt to the UK’s exit from the EU.

Error corrections: Any errors from previous versions have been corrected for better clarity.

Procedure clarifications: Procedural rules have been clearly distinguished from related legislative provisions.

Organisational updates: Changes in the roles of tax authorities are reflected in the revised text.