The Finance Act 2008, Section 135 (Coronavirus) Order 2020

Specified liabilities

5.  A liability that—

(a) consists of an amount payable under section 73 (failure to make returns etc) of the Value Added Tax Act 1994(1) where the assessment—

(i) is in respect of a prescribed accounting period(2) where the return to which the prescribed accounting period relates was required by regulation 25 (making of returns) of the Value Added Tax Regulations 1995(3) to be made in the period beginning on 20th March 2020 and ending on 30th June 2020, and

(ii) is made on or before 31st March 2021, or

(b) consists of an amount payable during the period beginning on 20th March 2020 and ending on 30th June 2020 under—

(i) article 4 (payments on account) of the Value Added Tax (Payments on Account) Order 1993(4),

(ii) regulation 40(2) or (3) (VAT to be accounted for on returns and payment of VAT) of the Value Added Tax Regulations 1995, or

(iii) regulation 50(2) (annual accounting scheme) of the Value Added Tax Regulations 1995(5).

(1)

1994 c. 23. Section 73 was amended by paragraphs 10 and 11 of Schedule 3 to of the Finance Act 1996 (c. 8), section 136(4) of the Finance Act 2000 (c. 17), section 120 of the Finance Act 2008 (c. 9), paragraph 8 of Schedule 28 to the Finance Act 2012 (c. 14), paragraph 64(1) and (3) of Schedule 8 to the Taxation (Cross-border Trade) Act 2018 (c. 22) and S.I. 2016/1034.

(2)

Prescribed accounting period has the meaning given by section 25(1) of the Value Added Tax Act 1994.

(3)

S.I. 1995/2518. Regulation 25 was amended by S.I. 2000/258, S.I. 2000/794, S.I. 2004/1675, S.I. 2009/2978, S.I. 2012/1899.

(4)

S.I. 1993/2001. Article 4(1) was amended by S.I. 1995/291. Article 4(2) was substituted by S.I. 1995/291.

(5)

Regulation 50(2) was substituted by S.I. 1996/542. Regulation 50(2)(a)(i) was substituted by S.I. 2002/1142.