Taxation (Cross-border Trade) Act 2018 (c. 22)

SCHEDULES

SCHEDULE 8 U.K. VAT amendments connected with withdrawal from EU

PART 1 U.K. Amendments of Value Added Tax Act 1994

Amendment of the Value Added Tax Act 1994 U.K.

25 (1) Section 25 (payment by reference to accounting periods and credit for input tax against output tax) is amended as follows. U.K.

(2) In subsection (1), omit paragraph (b) (together with the “and” before that paragraph).

(3) In subsection (7)—

(a) in the opening words, omit “, acquisitions”, and

(b) in paragraph (a), omit “acquired or” and, in both places, omit “, acquired”.

Commencement Information

I1 Sch. 8 para. 25 in force at 31.12.2020 by S.I. 2020/1642, reg. 4(b) (with reg. 7)