Value Added Tax Act 1994
The Value Added Tax Act 1994 (c 23) is a UK tax law, concerning taxation of goods and services that fall within the scope of Value Added Tax (VAT).[1] It came into force on 1 September 1994. The Value Added Tax Act 1983 was repealed and replaced by this legislation.[2]
Contents
- Part I - The charge to tax
- Part II - Reliefs, exemptions and repayments
- Part III - Application of Act in particular cases.
- Part IV - Administration, collection and enforcement
- Part V - Appeals
- Part VI - Supplementary provisions
To encourage outsourcing it provides a mechanism through which government departments, including NHS trusts, can qualify for refunds on contracted out services. [3]
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gollark: Terra: wrong answer.
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References
- Value Added Tax Act 1994, accessed 1 April 2020
- Schedule 15: Repeals
- "Thousands of NHS staff to transfer to subsidiary companies". Health Service Journal. 14 February 2017. Retrieved 15 February 2018.
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