I know it's been kicked into the long grass now, but just so I'm clear for my own peace of mind:
If a client makes nothing but sales caught by the DRC, it remains a full taxable business correct? So if it could reclaim all its VAT at present, it could continue to reclaim it all after the rules (eventually) change.
Presumably because the SR sale remains SR, just who actually accounts for the VAT has changed.
Just want to check... none of my clients sell mobile phones etc... so this will be my first experience with this situation.