Commentary

BB/28D/99 VAT—treatment of EC grant aid for the processing of dried fodder

Part V16 Forms and other HMRC material

BB/28D/99 VAT—treatment of EC grant aid for the processing of dried fodder

BB/28D/99 VAT—treatment of EC grant aid for the processing of dried fodder

Business Brief, Issue 28. 22 December 1999

The purpose of this Business Brief is to notify a change to the VAT treatment of EC grants paid by the Intervention Board to processors of dried animal fodder.

Details of change

Until now the UK has not treated such payments as consideration for supplies by processors, but has regarded them as outside the scope of VAT. However, following an approach by the European Commission, the UK has agreed that these particular payments will be treated as falling within the scope of the tax.

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