Value Added Tax Act 1994 (c. 23)

SCHEDULES

[F1 SCHEDULE 10B U.K. VAT treatment of vouchers issued on or after 1 January 2019

Textual Amendments

F1 Sch. 10B inserted (12.2.2019) by Finance Act 2019 (c. 1), Sch. 17 para. 5

Multi-purpose vouchers: special rules U.K.

7 (1) Any consideration for the issue or subsequent transfer of a multi-purpose voucher is to be disregarded for the purposes of this Act. U.K.

(2) The paragraph 3 supply made on the issue or subsequent transfer of a multi-purpose voucher is to be treated as not being a supply within section 26(2).]