SCHEDULES

F1SCHEDULE 10BVAT treatment of vouchers issued on or after 1 January 2019

Annotations:
Amendments (Textual)
F1

Sch. 10B inserted (12.2.2019) by Finance Act 2019 (c. 1), Sch. 17 para. 5

VAT treatment of vouchers: general rule

3

1

The issue, and any subsequent transfer, of a voucher is to be treated for the purposes of this Act as a supply of relevant goods or services.

2

References in this Schedule to the “paragraph 3 supply”, in relation to the issue or transfer of a voucher, are to the supply of relevant goods or services treated by this paragraph as having been made on the issue or transfer of the voucher.