The Value Added Tax Regulations 1995

[F1 57A.— (1) A person shall not account for VAT in accordance with the scheme in respect of any relevant supplies or relevant purchases of his. U.K.

(2) In this regulation, “relevant supplies” and “relevant purchases” have the same meanings as in Part VIIA (flat-rate scheme for small businesses).]

Textual Amendments

F1 Reg. 57A inserted (25.4.2002) by The Value Added Tax (Amendment) (No. 2) Regulations 2002 (S.I. 2002/1142), regs. 1(2), 8