HMRC have issued Revenue & Customs Brief 10/10 which announces two changes to simplify the partial exemption de minimis rules. The changes take effect from 1 April 2010.
The de minimis limit remains the same but the changes make it easier and less time-consuming for businesses to confirm their de minimis status. The changes are optional and businesses can benefit from them without seeking approval from HMRC.
Further information can be found in VAT Information Sheet 04/10 and legislation will shortly be published on the HMRC website.