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Legislation
Capital Allowances Act 2001

Crossheading Additional VAT rebates

  • Section 349 Additional VAT rebates and writing-down allowances
  • Section 350 Additional VAT rebates and balancing adjustments
  • Section 351 Additional VAT rebates and writing off qualifying expenditure
  1. Additional VAT rebates
  2. Additional VAT rebates and writing off qualifying expenditure

Section 351 | Additional VAT rebates and writing off qualifying expenditure

From legislation.gov.uk

If an additional VAT rebate is made in respect of qualifying expenditure, an amount equal to the rebate is written off at the time when the rebate accrues.F1

Notes

  1. F1

    Pt. 3 omitted (with effect in relation to chargeable periods beginning on or after 1.4.2011 for corporation tax purposes and 6.4.2011 for income tax purposes in accordance with ss. 84(1)(3)(4), 85, 86 of the amending Act) by virtue of Finance Act 2008 (c. 9), s. 84(2) (with Sch. 27)

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