http://www.legislation.gov.uk/ukpga/2010/31/section/3Finance (No. 2) Act 2010An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance.texttext/xmlenStatute Law Database2014-12-04Expert Participation2012-07-17 Part 1 31In section 2(1) of VATA 1994 (rate of VAT), for “17.5 per cent” substitute “ 20 per cent ”.2In section 21(4) of that Act (restriction on value of imported goods), for “28.58 per cent” substitute “ 25 per cent ”.3The amendment made by subsection (1) has effect in relation to any supply made on or after 4 January 2011 and any acquisition or importation taking place on or after that date.4The amendment made by subsection (2) has effect in relation to goods imported on or after 4 January 2011.5Schedule 2 contains provision for a supplementary charge to value added tax on supplies spanning the date of the VAT change.