SCHEDULES
F1SCHEDULE 10BVAT treatment of vouchers issued on or after 1 January 2019
Annotations:
Amendments (Textual)
Intermediaries
9
1
This paragraph applies where—
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.
Sch. 10B inserted (12.2.2019) by Finance Act 2019 (c. 1), Sch. 17 para. 5