[Part 1 Valuation of Supplies of Fuel for Private Use]
Value Added Tax Act 1994 (1994 c 23) | Legislation

SCHEDULE 6 Valuation: Special Cases

Section 19

[Part 1 Valuation of Supplies of Fuel for Private Use]

[Option for valuation on flat-rate basis

A1

(1)     This paragraph applies if, in a prescribed accounting period, supplies of goods by a taxable person (“Pâ€) arise by virtue of paragraph 5(1) of Schedule 4 (but otherwise than for a consideration) where road fuel which is or has previously been supplied to or imported or manufactured by P in the course of P's business is provided for, or appropriated to, private use.

(2)     For this purpose “road fuel is provided for, or appropriated to, private use†if—

(a)     it is provided or to be provided by P—

(i)     to an individual for private use in the individual's own car or a car allocated to the individual, and

(ii)     by reason of the individual's employment,

(b)     where P is an individual, it is appropriated or to be appropriated by P for private use in P's own car, or

(c)     where P is a partnership, it is provided or to be provided to any of the individual partners for private use in that partner's own car.

(3)     P may opt for all supplies

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Community order requirements

Community order requirementsThis Practice Note reflects the procedural code for sentencing offenders in England and Wales (Sentencing Code) that applies from 1 December 2020, as set out in Parts 2–13 of the Sentencing Act 2020 (SA 2020). For those considering whether the Sentencing Code applies to

LEXISNEXIS

Specific performance of property agreements

If a party to a property agreement fails to comply with its obligations, the other party may wish to apply for an order for specific performance. Specific performance is an equitable, discretionary remedy which, if granted, compels a party to perform a contractual obligation. This Practice Note

LEXISNEXIS

Recklessness in criminal cases

Recklessness in criminal casesWhat is recklessness?In respect of some statutory offences and common law crimes the prosecution are required to prove a mental element of recklessness on the part of the defendant.Recklessness means unjustified risk taking on the part of the accused.Prior to the House

LEXISNEXIS

Grounds of appeal—introducing new evidence

Grounds of appeal—introducing new evidenceCoronavirus (COVID-19): The guidance detailing normal practice set out in this Practice Note may be affected by measures concerning process and procedure in the civil courts that have been introduced as a result of the coronavirus (COVID-19) pandemic. The