Value Added Tax (General) (Amendment) Regulations 1983
| Jurisdiction | UK Non-devolved |
| Citation | SI 1983/295 |
| Year | 1983 |
1983 No. 295
VALUE ADDED TAX
The Value Added Tax (General) (Amendment) Regulations 19833rdMarch 1983
11thMarch 1983
The Commissioners of Customs and Excise, in exercise of the powers conferred on them by section 4 of the Finance Act 1972(a) and all other powers enabling them in that behalf, hereby make the following Regulations:
1.—(1) These Regulations may be cited as the Value Added Tax (General) (Amendment) Regulations 1983 and shall come into operation on 1st April 1983.
(2) Notwithstanding paragraph (1) above, where the next tax year of a taxable person commences on a day after 1st April 1983 the amendments made by regulations 4, 5(b) and 5(c) below shall not have effect in relation to him until the first day of that tax year.
(3) In these Regulations "tax year" has the meaning given by regulation 23(1)(b) of the Value Added Tax (General) Regulations 1980(b).
2. The Value Added Tax (General) Regulations 1980 shall be amended in accordance with the following provisions of these Regulations.
3. In regulation 25—
(a) for sub-paragraph (d) there shall be substituted the following—
"(d) any sum receivable by him as consideration for an exempt supply comprised in item 4 of Group 5 of Schedule 5 to the Act and any sum receivable by him as consideration for a zero-rated supply which is of services of a description specified in that item and is comprised in item 6 of Group 9 of Schedule 4 to the Act except, in the case of either such sum, where the person using the method is a person whose business is wholly or mainly the negotiation, or undertaking of, or the making of arrangements for, transactions such as are mentioned in the said item 4;";
(a) 1972 c. 41, as amended by the Finance Act 1977 (c. 36).
(b) S.I. 1980/1536.
(b) in sub-paragraph (f) for the words from the beginning to "except where" there shall be substituted the words "any sum receivable by him as consideration for an exempt supply comprised in item 2 of Group 5 of Schedule 5 to the Act and any sum receivable by him as consideration for a zero-rated supply which is of services of a description specified in that item and is comprised in item 6 of Group 9 of Schedule 4 to the Act except, in the case of either such sum, where".
4. Regulation 26(2) is hereby revoked but shall continue to apply in relation to elections duly made under that paragraph for as long as such elections, in accordance with the provisions of that paragraph, may not be revoked.
5. In regulation 27—
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