Commentary

V3.433 Purchases from flat-rate farmers

Part V3 Supplies, acquisitions and imports

V3.433 Purchases from flat-rate farmers

V3.433 Purchases from flat-rate farmers

Regulations made under VATA 1994 s 54(3) provide that the flat rate addition1 included in the consideration for a taxable supply made to a taxable person is treated as tax on a supply made to him for the purpose of determining his entitlement to input tax credit if2

  1.  

    (1)     the supply is made by a person certified for the purposes of the flat-rate scheme for farmers3;

  2.  

    (2)     it is made in the course or furtherance of the relevant part4 of the certified person's business; and

  3.  

    (3)     it is made at a time when the certified

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