# The Value Added Tax (Amendment) Regulations 2011, Regulation 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”.

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Source: https://www.legislation.gov.uk/uksi/2011/254/regulation/4 (the official version)
Page: https://openlegislation.uk/value-added-tax-amendment-regulations-2011/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.