Clause 15

Where an agreement provides (expressly or impliedly) for a Seventh Schedule supply to be performed progressively and continuously over a period, then —

if the agreement was made before 19 February 2018 — tax is not chargeable on the supply; and

if the agreement was or is made on or after 19 February 2018 but before 1 January 2020 — tax is chargeable on the supply to the extent the services are performed on or after 1 January 2020.(2) If any services under subsection (1)(b) are covered by an invoice issued or consideration received before 1 January 2020, the tax chargeable in relation to those services must be accounted for in the return for the accounting period in which the later of the following falls:

1 January 2020; (b)the day on which the person making the supply is registered in accordance with the First Schedule.(3) Subject to subsection (1), where an invoice for a Seventh Schedule supply was or is issued on or after 19 February 2018 but before 1 January 2020, tax is chargeable on the supply to the extent of —

the amount of the invoice received on or after 1 January 2020; or

the value of the services to which the invoice relates that are performed on or after 1 January 2020, if lower.(4) Subsection (3) does not apply if the whole amount of the invoice is received, or the whole of the services is performed, before 1 January 2020.(5) Tax chargeable under subsection (3) must be accounted for in the return for the accounting period in which the later of the following falls:

1 January 2020; (b)the day on which the person making the supply is registered in accordance with the First Schedule.(6) Subject to subsection (1), where an invoice for a Seventh Schedule supply is issued on or after 1 January 2020 —

tax is chargeable on the supply to the extent of the amount of the invoice received on or after that date; but(b)the taxable person may elect for the tax to be chargeable only to the extent of the value of the services that are performed on or after that date, if lower.(7) Subsection (6) does not apply if the whole amount of the invoice is received, and the whole of the services is performed, on or after 1 January 2020.(8) For the purposes of this section, where only a part of the services under a Seventh Schedule supply is performed, the value of the part is a value that is, in the opinion of the Comptroller, reasonably attributable to the part.Temporary arrangements for reverse charge supplies93.—

Where an invoice for a supply in fact made that gives rise to a reverse charge supply was or is issued on or after 19 February 2018 but before 1 January 2020, tax is chargeable on the reverse charge supply to the extent of —

the amount of the invoice paid on or after 1 January 2020; or

the value of the services to which the invoice relates that are performed on or after 1 January 2020, if lower.(2) Subsection (1) does not apply if the whole amount of the invoice is paid, or the whole of the services to which the invoice relates is performed, before 1 January 2020.(3) Tax chargeable under subsection (1) must be accounted for in the return for the accounting period in which the later of the following falls:

1 January 2020; (b)the day on which the recipient is registered in accordance with the First Schedule.(4) Where an invoice for a supply in fact made that gives rise to a reverse charge supply is issued on or after 1 January 2020 —

tax is chargeable on the reverse charge supply to the extent of the amount of the invoice paid on or after that date; but(b)the recipient may elect for the tax to be chargeable only to the extent of the value of the services that are performed on or after that date, if lower.(5) Subsection (4) does not apply if the whole amount of the invoice is paid, and the whole of the services is performed, on or after 1 January 2020.(6) For the purposes of this section, where only a part of the services in fact supplied is performed, the value of the part is a value that is, in the opinion of the Comptroller, reasonably attributable to the part.”.