# Capital Allowances Act 2001, Section 547: “Additional VAT liability” and “additional VAT rebate”


(1) “Additional VAT liability” means an amount which a person becomes liable to pay by way of adjustment under the VAT capital items legislation in respect of input tax.
(2) “Additional VAT rebate” means an amount which a person becomes entitled to deduct by way of adjustment under the VAT capital items legislation in respect of input tax.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/547 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-547
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.