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VAT zero rating and change in use

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Revenue & Customs Brief 05/11 announces a simplification of the ‘change in use’ provisions in VATA 1994 Sch 10.

The simplification is made by The Value Added Tax (Buildings and Land) Order, SI 2011/86 with effect from 1 March 2011. There will no longer be two adjustment mechanisms (each with its own rules) to apply to the two sets of circumstances where a change in use occurs. Instead, there will be a single adjustment mechanism to be applied in all circumstances.

The change follows the consultation announced in Revenue & Customs Brief 49/10.