F1PART 27NON-UK UNION AND NON-UNION SPECIAL ACCOUNTING SCHEMES: ADJUSTMENTS, CLAIMS AND ERROR CORRECTION

Annotations:
Amendments (Textual)

Scheme participants who are also taxable persons: disapplication of paragraph 17(1)223

1

Paragraph 17(1) of Schedule 3BA to the Act is not to apply in the case of an input tax obligation.

2

In this regulation “input tax obligation” means an obligation imposed on a taxable person relating to a claim to deduction under section 25(2) of the Act or to payment of a VAT credit.