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

Intermediaries U.K.

9 (1) This paragraph applies where— U.K.

(a) a voucher is issued or transferred by an agent who acts in their own name, and

(b) the paragraph 3 supply is a supply of services to which section 47(3) would apply (apart from this paragraph).

(2) Section 47(3) does not apply.

(3) The paragraph 3 supply is treated as both a supply to the agent and a supply by the agent.

10 U.K. Nothing in this Schedule affects the application of this Act to any services provided, by a person who issues or transfers a voucher, in addition to the issue or transfer of the voucher.]