7. In regulation 14 (contents of VAT invoice)—
(a)in paragraph (1)(a) for “an identifying number” substitute “a sequential number based on one or more series which uniquely identifies the document”;
(b)after paragraph (1)(m) insert—
“(n)where a margin scheme is applied under section 50A(1) or section 53 of the Act, a relevant reference or any indication that a margin scheme has been applied,
(o)where a VAT invoice relates in whole or part to a supply where the person supplied is liable to pay the tax, a relevant reference or any indication that the supply is one where the customer is liable to pay the tax.”;
(c)in paragraph (2)(a) for “(j) and (m)” substitute “(j), (m), (n) and (o)”;
(d)after paragraph (2)(f) omit “and”;
(e)after paragraph (2)(g) insert—
“, and
(h)where the supply is an exempt or zero-rated supply, a relevant reference or any indication that the supply is exempt or zero-rated as appropriate.”;
(f)omit paragraph (5); and
(g)after paragraph (7) insert—
“(8) In this regulation, a “relevant reference” is—
(a)a reference to the appropriate provision of Council Directive 2006/112/EC(2), or
(b)a reference to the corresponding provision of the Act.”.
Section 50A was inserted by section 24(1) of the Finance Act 1995 (c.4).
OJ No L 347, 11.12.2006, p1.