THE amendments to the National Internal Revenue Code of 1997 (Tax Code), introduced by Republic Act (RA) 11534 (Create) and by RA 10963, or the Tax Reform for Acceleration and Inclusion (Train), particularly on the imposition of value-added tax (VAT) on indirect exports and limiting the transactions subject to zero-rated VAT, have caused an uproar and much confusion in the business world.
Note: This manual is under review following Brexit and is likely to be withdrawn. If there is anything within this manual you use regularly, please email <hmrcmanualsteam@hmrc.gov.uk> to let us know. Please check the other guidance available on GOV.UK from HMRC. A general guide to UK export procedures using the National Export System. NOTE: This manual will be affected by the new Customs legislation being introduced in May 2016 and is currently under review.