Finance Act 2009 (c. 10)

Part 1 U.K. Charges, rates, allowances, etc

Value added tax U.K.

9 Extension of reduced standard rate and anti-avoidance provision U.K.

(1) The Value Added Tax (Change of Rate) Order 2008 (S.I. 2008/3020) (reducing standard rate of value added tax to 15 per cent) is to cease to be in force on 1 January 2010 (rather than ceasing to be in force on 1 December 2009 in accordance with section 2(2) of VATA 1994).

(2) Schedule 3 contains—

(a) provision for a supplementary charge to value added tax on supplies spanning the date of the VAT change (see Parts 1 to 5), and

(b) minor amendments of provisions about orders changing the standard rate of value added tax (see Part 6).