VATTOS2260 | Legislation: UK primary law (VAT Act 1994): Section 6(13) Non-business use of business assets

Law

(13) Where there is a supply of services by virtue only of paragraph 5(4) of Schedule 4, the supply is treated as taking place when the goods are appropriated to the use mentioned in that paragraph.

Commentary

The temporary application of business assets to non-business use is treated as a supply of services under paragraph 5(4) of Schedule 4 to the VAT Act 1994. Regulation 81(1) of the VAT Regulations 1995 (see VATTOS2315) also applies to continuing supplies of this nature. For further information see VATTOS9600.