VAT: flat-rate farming
Language: English Series: Taxation ; 130(3379) 12 November 1992, 156-160(5)Publication details: 1992Subject(s): Summary: Outlines the VAT flat-rate farming option which comes into effect from 1 January 1993 under enabling legislation in s16 (Finance No2) Act 1992 (which added a new section 37B into the Value Added Tax Act 1983) enabling farmers to opt out of VAT registration. Gives examples illustrating how the scheme would work in a variety of circumstances including supplying persons registered for VAT and non-registered persons.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS47548 (Browse shelf(Opens below)) | 1 | Available | 62457-1001 |
Outlines the VAT flat-rate farming option which comes into effect from 1 January 1993 under enabling legislation in s16 (Finance No2) Act 1992 (which added a new section 37B into the Value Added Tax Act 1983) enabling farmers to opt out of VAT registration. Gives examples illustrating how the scheme would work in a variety of circumstances including supplying persons registered for VAT and non-registered persons.