| What are the new rules regarding reverse charging on supplies of specified goods (e.g. Mobile telephones and computer chips)? | From the 1st June 2007, new rules apply to sales of specified goods (currently mobile phones and computer chips) and supplies made in excess of £5000 are now subject to the reverse charge treatment. For further information regarding this, please see HM Revenue and Customs Information sheet 08/07 . If you make supplies of specified goods in excess of £5000 you will be required to complete a Reverse Charge Sales List (RCSL). This information will be required to be supplied to IOM Customs and Excise electronically as a CSV file. Please download the explanatory Notice below.
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