Section 192

INTRODUCTORY

1  VATA 1994 is amended as follows.

VALUATION OF SUPPLIES FOR PRIVATE USE

Related Commentary  

2  [Inserts VATA 1994, Sch. 6, para. A1–C1.]

3  [Amends VATA 1994, Sch. 6, para. 6.]

Related Commentary  

4  [Omits VATA 1994, s. 56 and 57.]

5  [Amends VATA 1994, s. 97(4).]

SUPPLIES TO EMPLOYEES ETC AT LESS THAN OPEN MARKET VALUE

Related Commentary  

6  [Inserts VATA 1994, Sch. 6, para. 2A.]

COMMENCEMENT AND TRANSITIONAL PROVISION

7(1)  The amendments made by paragraphs 2 to 4 come into force in relation to prescribed accounting periods beginning on or after 1 February 2014.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.