Regulation 3 Appointed day – Finance Act 2016

The amendments to the Value Added Tax Act 1994^f1 made by section 126 of the Finance Act 2016 (VAT: women’s sanitary products) have effect in relation to supplies made, and acquisitions and importations taking place, on or after IP completion day^f2.

Annotations

Footnotes

f1: 1994 c. 23.
f2: Section 126(5) of the Finance Act 2016 provides that the amendments that section makes are to have effect in relation to supplies, acquisitions and importations. Whilst paragraph 2 of Schedule 8 to the Taxation (Cross-border Trade) Act 2018 amends section 1 of the Value Added Tax Act 1994 to omit acquisitions from the chargeable events for VAT purposes, acquisition tax continues to be charged in Northern Ireland by virtue of paragraph 2 of Schedule 9ZB to the Value Added Tax Act 1994, as inserted by paragraph 2 of Schedule 2 to the Taxation (Post-transition Period) Act 2020.