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Legislation
Capital Allowances Act 2001

Chapter 10 ADDITIONAL VAT LIABILITIES AND REBATES

  • Section 360T Introduction
  • Section 360U Additional VAT liabilities and initial allowances
  • Section 360V Additional VAT liabilities and writing-down allowances
  • Section 360W Additional VAT liabilities and writing off initial allowances
  • Section 360X Additional VAT rebates and balancing adjustments
  • Section 360Y Additional VAT rebates and writing off qualifying expenditure
  1. Chapter 10
  2. Additional VAT rebates and writing off qualifying expenditure

Section 360Y | 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. 3A inserted (11.4.2007 with effect in accordance with s. 92 of the amending Act) by Finance Act 2005 (c. 7), Sch. 6 para. 1; S.I. 2007/949, art. 2

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