The Companies Act 2006 (Consequential Amendments) (Taxes and National Insurance) Order 2008 No. 954

PART 3 CONSEQUENTIAL AMENDMENTS TO SECONDARY LEGISLATION COMING INTO FORCE ON 6TH APRIL 2008

The Value Added Tax Regulations 1995 (S.I. 1995/2518)

Introduction

43.  The Value Added Tax Regulations 1995 are amended as follows.

Time of supply and time of acquisition: general

44.  In regulation 94B(4)(1) for “section 259 of the Companies Act 1985” substitute “section 1161 of the Companies Act 2006”.

Input tax and partial exemption: adjustment of attribution

45.  In regulation 107E(2)(2) for “section 259 of the Companies Act 1985” substitute “section 1161 of the Companies Act 2006”.

(1)

Regulation 94B was inserted by S.I. 2003/2318.

(2)

Regulation 107E was inserted by S.I. 2002/1074.