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VAT reduced rate for cable-cars etc: regulations

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The Value Added Tax (Reduced Rate) (Cable-Suspended Passenger Transport Systems) Order, SI 2013/430, amends VATA 1994 Sch 7A provides for a reduced rate of VAT for the transport of passengers by smaller cable-suspended transport systems, such as cable-cars and ski lifts, that are not eligible for the existing zero rate. The change was announced at Budget 2012 and will come into force on 1 April 2013.