# Finance Act 1995, Paragraph 21


(1) In this Schedule “turnover”, in relation to a trade, profession or vocation, means the amounts derived from the provision of goods or services falling within its ordinary activities, after deduction of trade discounts and value added tax.
(2) Obtaining a tax advantage shall not be regarded as a bona fide commercial reason for the purposes of this Schedule.

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Source: https://www.legislation.gov.uk/ukpga/1995/4/schedule/22/paragraph/21 (the official version)
Page: https://openlegislation.uk/finance-act-1995/schedule-22/paragraph-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.