Finance Act 2012 (c. 14)

SCHEDULES

SCHEDULE 27 Anti-forestalling charge to VAT

PART 1 Anti-forestalling charge to VAT

Introductory

1 In this Schedule—

• “date of the VAT change” means 1 October 2012;

• “pre-change supply” means a supply of a description specified in paragraph 3 which—

  (a)

  is treated as taking place before the date of the VAT change, and

  (b)

  if it had been treated as taking place on that date, would have been charged to VAT at the standard rate as a result of the amendments made by Schedule 26.