Amendment of the Value Added Tax Regulations 1995
This section has no associated Explanatory Memorandum
8. In regulation 55N—
(a)at the beginning of paragraph (1) for “Where—” substitute “Subject to paragraph (1A), where—”;
(b)after paragraph (1) insert—
“(1A) Paragraph (1) shall not apply where a difference in the appropriate percentage arises only because of the application of regulation 55KA.”.