# The Value Added Tax Regulations 1995, Regulation 67: Retail schemes

Extent: E+W+S+N.I.

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(1) The Commissioners may permit the value which is to be taken as the value, in any prescribed accounting period or part thereof, of supplies by a retailer which are taxable at other than the zero rate to be determined by a method agreed with that retailer or by any method described in a notice published by the Commissioners for that purpose; and they may publish any notice accordingly.
(2) The Commissioners may vary the terms of any method by—
(a) publishing a fresh notice,
(b) publishing a notice which amends an existing notice, or
(c) adapting any method by agreement with any retailer.

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Source: https://www.legislation.gov.uk/uksi/1995/2518/regulation/67 (the official version)
Page: https://openlegislation.uk/value-added-tax-regulations-1995/regulation-67
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.