Value Added Tax Act 1994
The Value Added Tax Act 1994 is a UK tax law, concerning taxation of goods and services that fall within the scope of Value Added Tax. It came into force on 1 September 1994. The Value Added Tax Act 1983 was repealed and replaced by this legislation.Contents
- Part I - The charge to tax
- Part II - Reliefs, exemptions and repayments
- Part III - Application of Act in particular cases.
- Part IV - Administration, collection and enforcement
- Part V - Appeals
- Part VI - Supplementary provisions
To encourage outsourcing it provides a mechanism through which government departments, including NHS trusts, can qualify for refunds on contracted out services.
