Paragraph 4 I1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 5 para. 7(1) word omitted by Finance Act 2026 s. 111(3)(a)(i)
Sch. 5 para. 7(1)(a)(ii) and word omitted by Finance Act 2026 s. 111(3)(a)(ii)
Sch. 5 para. 7(2)(a) words omitted by Finance Act 2026 s. 111(3)(b)(i)
Sch. 5 para. 7(2)(b) omitted by Finance Act 2026 s. 111(3)(b)(ii)
Sch. 5 para. 7(3)(a) words omitted by Finance Act 2026 s. 111(3)(c)(i)
Sch. 5 para. 7(3)(b) omitted by Finance Act 2026 s. 111(3)(c)(ii)
Sch. 5 para. 7A and cross-heading inserted by Finance Act 2026 s. 111(4)
Sch. 5 para. 16(6) substituted by Finance Act 2026 s. 111(5)

(1)

For the purposes of this Schedule, “like goods”, in relation to goods, means—

(a)

goods which are like those goods in all respects, and

(b)

goods which, although not alike in all respects, have characteristics closely resembling those of the goods in question.

(2)

Regulations may make provision about—

(a)

what constitutes or does not constitute “like goods” for the purposes of this Schedule;

(b)

how “like goods” is to be determined for those purposes.

Annotations

I1: Sch. 5 para. 4 in force at 4.3.2019 at 11:59 a.m. by S.I. 2019/429, reg. 2 (with regs. 4-9)