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VAT: extra statutory class concession

Language: English Series: HM Customs and Excise Business Brief ; (23/98) 18 November 1998 (2)Publication details: 1998Subject(s): Summary: An Extra Statutory Class Concession (ESCC) is to be introduced to the Auctioneers` Scheme. The new concession will take effect from 1 January 1999 and will allow the current scheme to be used for all goods grown, made or produced by persons not registered for VAT.

An Extra Statutory Class Concession (ESCC) is to be introduced to the Auctioneers` Scheme. The new concession will take effect from 1 January 1999 and will allow the current scheme to be used for all goods grown, made or produced by persons not registered for VAT.