F1Part 3ABusiness Premises Renovation Allowances

Chapter 10 ADDITIONAL VAT LIABILITIES AND REBATES

360TIntroduction

For the purposes of this Chapter—

(a)

additional VAT liability ” and “ additional VAT rebate ” have the meanings given by section 547,

(b)

the time when—

(i)

a person incurs an additional VAT liability, or

(ii)

an additional VAT rebate is made to a person,

is given by section 548, and

(c)

the chargeable period in which, and the time when, an additional VAT liability or an additional VAT rebate accrues are given by section 549.