VAT CONSIDERATIONS

This provides a simplified summary of VAT considerations on exports of wrought iron products from the UK. This does not consitute definitive guidance and customers should refer to their own authorities or advisers about VAT and other duty implications.

General principles

• The supply of goods for export from the EC or removal to another EC Member State may be zero-rated provided that:
• the goods are exported from the EC, or
• the goods are removed from the UK to another EC Member State under supply and acquisition arrangements; and
• the relevant conditions set by Customs and Excise in regulations and this Notice are met.

These conditions include: the type of export or removal evidence required; the time limit in which the goods must leave the UK; and the time limit in which export or removal evidence must be obtained. Unless all the relevant conditions are met, a supply must not be zero-rated as an export or removal.

Definition of "the United Kingdom, Isle of Man and Channel Islands"

The UK consists of Great Britain, Northern Ireland and the waters within twelve nautical miles of their coastlines. It does not include the Isle of Man or the Channel Islands. Goods sent to the Isle of Man and the Channel Islands must be treated as follows:

• Goods sent to the Isle of Man from the UK are not regarded as exports for VAT purposes and VAT must be charged at the appropriate rate. VAT is chargeable in the Isle of Man under Manx law which generally parallels UK legislation.
• The Channel Islands are part of the EC for customs purposes but outside the EC for fiscal (VAT) purposes. Supplies of goods sent to the Channel Islands are regarded as exports for VAT and may be zero-rated subject to the conditions in this Notice being met. Export declarations made on the Single Administrative Document (SAD) (Form C88) are required for customs purposes.

The following countries and territories are within the EC fiscal (VAT) area:

• Austria;
• Belgium;
• Denmark, except the Faroe Islands and Greenland;
• Finland;
• France, including Monaco;
• Germany, except Busingen and the Isle of Heligoland;
• Greece;
• The Republic of Ireland;
• Italy, except the communes of Livigno and Campione d’Italia and the Italian waters of Lake Lugano;
• Luxembourg;
• The Netherlands;
• Portugal, including the Azores and Madeira;
• Spain, including the Balearic Islands but excluding Ceuta and Melilla;
• Sweden;
• United Kingdom and the Isle of Man.

The following countries and territories are outside the EC fiscal (VAT) area:

• The Channel Islands
• Andorra;
• San Marino;
• The Aland Islands;
• The Canary Islands;
• The overseas departments of France (Guadeloupe, Martinique, Réunion, St. Pierre and Miquelon, and French Guiana);
• Mount Athos;
• Cyprus;
• Gibraltar;
• Malta;
• The Vatican City.

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Flairmet Ltd.,10-12 Ladfordfields Ind Pk, Seighford, Stafford, ST18 9QE CONTACT: Flairmet@weathervane.uk.com
Tel +44 (0)1785 282301 Fax +44 (0)1785 282301

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