Commentary

V3.123 Supplies made by a taxable person

Part V3 Supplies, acquisitions and imports

V3.123 Supplies made by a taxable person

V3.123 Supplies made by a taxable person

VAT is chargeable on taxable supplies1 only where they are made by taxable persons2. A taxable person is a person who is, or is required to be, registered for the purposes of VAT3. The persons falling, or treated as falling, within this description are described in V2.101 and V2.102 respectively.

The foregoing definition makes it clear that a taxable supply is chargeable to tax if it is made by a person liable to registration who has failed to register. For the consequences of failing to register, see V2.129

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