Part 1 Anti-forestalling Charge to VAT
Finance Act 2012 (2012 c 14) | Legislation

SCHEDULE 27 Anti-forestalling Charge to VAT

Section 196

Part 1 Anti-forestalling Charge to VAT

Introductory

1

In this Schedule—

“date of the VAT change†means 1 October 2012;

“pre-change supply†means a supply of a description specified in paragraph 3 which—

(a)     is treated as taking place before the date of the VAT change, and

(b)     if it had been treated as taking place on that date, would have been charged to VAT at the standard rate as a result of the amendments made by Schedule 26.

The charge

2

(1)     There is an anti-forestalling charge to value added tax on any pre-change supply which—

(a)     is treated as taking place on or after 21 March 2012,

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