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Textual Amendments
F1Pt. 7A inserted (25.4.2002) by The Value Added Tax (Amendment) (No. 2) Regulations 2002 (S.I. 2002/1142), regs. 1(2), 7
55K.—(1) Where, at a relevant date, a flat-rate trader is expected, on reasonable grounds, to carry on business in more than one category in the period concerned, paragraph (3) below shall apply.
F2(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) He shall be regarded as being expected, on reasonable grounds, to carry on that category of business which is expected, on reasonable grounds, to be his main business activity in that period.
(4) In paragraph (3) above, his main business activity in a period is to be determined by reference to the respective proportions of his relevant turnover expected, on reasonable grounds, to be generated by each business activity expected, on reasonable grounds, to be carried on in the period.
Category of business | Appropriate percentage |
---|---|
* “Labour-only building or construction services” means building or construction services where the value of materials supplied is less than 10 per cent. of relevant turnover from such services; any other building or construction services are “general building or construction services”.]] | |
[F4Post offices] Retailing food, confectionery, tobacco, newspapers or children’s clothing | 2 |
Membership organisation F5... Pubs Wholesaling food | 5.5 |
Farming or agriculture that is not listed elsewhere Retailing that is not listed elsewhere Wholesaling agricultural products | 6 |
Retailing pharmaceuticals, medical goods, cosmetics or toiletries Retailing vehicles or fuel Sport or recreation Wholesaling that is not listed elsewhere | 7 |
Agricultural services Library, archive, museum or other cultural activity Manufacturing food Printing Repairing vehicles | 7.5 |
General building or construction services* Hiring or renting goods Manufacturing that is not listed elsewhere Manufacturing yarn, textiles or clothing Packaging Repairing personal or household goods Social work | 8.5 |
Forestry or fishing Mining or quarrying [F6Transport or storage, including couriers, freight, removals and taxis] Travel agency | 9 |
Advertising Dealing in waste or scrap Hotel or accommodation Photography Publishing Veterinary medicine | 9.5 |
Any other activity not listed elsewhere Investigation or security Manufacturing fabricated metal products | 10 |
Boarding or care of animals Film, radio, television or video production | 10.5 |
Business services that are not listed elsewhere Computer repair services Entertainment or journalism Estate agency or property management services Laundry or dry-cleaning services Secretarial services | 11 |
Financial services | 11.5 |
Catering services, including restaurants and takeaways Hairdressing or other beauty treatment services Real estate activity not listed elsewhere | 12 |
Architect, civil and structural engineer or surveyor Management consultancy | 12.5 |
Accountancy or book-keeping Computer and IT consultancy or data processing Lawyer or legal services | 13 |
Labour-only building or construction services* | 13.5 |
Textual Amendments
F2Reg. 55K(2) omitted (1.1.2004) by virtue of The Value Added Tax (Amendment) (No. 6) Regulations 2003 (S.I. 2003/3220), regs. 1(1)(b), 18(3)
F3Reg. 55K Table substituted (1.1.2004) by The Value Added Tax (Amendment) (No. 6) Regulations 2003 (S.I. 2003/3220), regs. 1(1)(b), 20
F4Words in reg. 55K Table inserted (1.4.2004) by The Value Added Tax (Amendment) Regulations 2004 (S.I. 2004/767), regs. 1, 6(a) (with reg. 2)