# The Value Added Tax (Amendment) Regulations 2011

S.I. 2011/254 · made 8 February 2011

These Regulations, which come into force on 2nd March 2011, amend Part 15 (adjustments to the deduction of input tax on capital items) of the Value Added Tax Regulations 1995 (S.I. 1995/2518).

## Introductory text

Value Added Tax
Made 8th February 2011
Laid before the House of Commons 9th February 2011
Coming into force 2nd March 2011
The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by sections 25(1) and 26(1), (3) and (4) of the Value Added Tax Act 1994.

## 1 Citation, commencement and effect

(1) These Regulations may be cited as the Value Added Tax (Amendment) Regulations 2011 and come into force on 2nd March 2011.
(2) Regulations 3 to 5 have effect in relation to supplies treated as made under paragraph 37 of Schedule 10 to the Value Added Tax Act 1994 where the building that is supplied was completed on or after 1st March 2011.

## 2 Amendment of the Value Added Tax Regulations 1995

The Value Added Tax Regulations 1995 are amended as follows.

## 3 Adjustments to the deduction of input tax on capital items

In regulation 112(3) (interpretation of Part XV)—
(a) for “paragraph 37(3)” substitute “paragraph 37(1)”;
(b) for “paragraph 37(5)” substitute “paragraph 37(3)”;
(c) for “3” substitute “36”.

## 4 Adjustments to the deduction of input tax on capital items

In regulation 114(3B) (period of adjustment)—
(a) for “paragraph 37(5)” substitute “paragraph 37(3)”;
(b) at the end insert “divided by 12 and rounded up to the next whole number”.

## 5 Adjustments to the deduction of input tax on capital items

In regulation 115(5) (method of adjustment), for “paragraph 37(3)” substitute “paragraph 37(1)”.

## Signature

Dave Hartnett
Mike Eland
Two of the Commissioners for Her Majesty’s Revenue and Customs
8th February 2011

## Explanatory note

(This note is not part of the Regulations)
These Regulations, which come into force on 2nd March 2011, amend Part 15 (adjustments to the deduction of input tax on capital items) of the Value Added Tax Regulations 1995 (S.I. 1995/2518).
Regulations 3 to 5 amend regulations 112 (interpretation of Part XV), 114 (period of adjustment) and 115 (method of adjustment) to substitute revised references to paragraph 37 of Schedule 10 to the Value Added Tax Act 1994 (“paragraph 37”) following its amendment by the Value Added Tax (Buildings and Land) Order 2011 (S.I. 2011/86) and to adjust for the fact that the revised calculation in paragraph 37 is calculated by reference to months rather than years to ensure that these provisions continue to have their intended effect.
A full Impact Assessment has not been produced in relation to the changes made by this instrument as they have no impact on business, charities or voluntary bodies.

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Source: https://www.legislation.gov.uk/uksi/2011/254 (the official version)
Page: https://openlegislation.uk/value-added-tax-amendment-regulations-2011
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.