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Amendment of the Value Added Tax Regulations 1995

3.  In regulation 24 before “increase in consideration” insert—

“API platform” means the application programming interface that enables electronic communication with HMRC, as specified by the Commissioners in a specific or general direction;

“functional compatible software” means a software program or set of compatible software programs the functions of which include—

(a)

recording and preserving electronic records in an electronic form;

(b)

providing information to HMRC from the electronic records and returns in an electronic form and by using the API platform; and

(c)

receiving information from HMRC using the API platform in relation to a person’s compliance with obligations under these Regulations which are required to be met by use of the software;.