NEWS BRIEFS / Taxation

UK allowed to apply derogation from VAT Directive in Northern Ireland

17/03/2021 (Agence Europe) – Member States’ ambassadors to the EU confirmed their agreement, on Wednesday 17 March, to the EU Council decision allowing the United Kingdom to continue to apply a special VAT scheme in Northern Ireland, which provides for flat-rate measures in respect of non-deductible value added tax on fuel costs of business vehicles and which deviates from the general rules of the VAT directive (see EUROPE B12657A14). From 1 January 2021, EU VAT legislation ceased to...