SCHEDULES

SCHEDULE 27Anti-forestalling charge to VAT

PART 1Anti-forestalling charge to VAT

The charge

2

1

There is an anti-forestalling charge to value added tax on any pre-change supply which—

a

is treated as taking place on or after 21 March 2012, and

b

is a supply linked to the post-change period (see paragraph 4).

2

“Chargeable pre-change supply” means a supply to which sub-paragraph (1) applies.

3

An anti-forestalling charge to value added tax under this Schedule is to be treated for all purposes as if it were value added tax charged in accordance with VATA 1994.