The Value Added Tax (Special Provisions) (Amendment) Order 2007

• Citation: S.I. 2007/2923
• Sections: 3

Section 1

This Order may be cited as the Value Added Tax (Special Provisions) (Amendment) Order 2007 and comes into force on 1st November 2007 in relation to the use, on or after that date, of goods or land held or used for the purposes of a business.

Section 2

The Value Added Tax (Special Provisions) Order 1995 is amended as follows.

Section 3

After article 10 insert—

Goods put to private use or used, or made available for use, for non-business purposes

(10A) Paragraph 5(4) of Schedule 4 to the Act shall not apply to goods (including land treated as goods for the purposes of that paragraph by virtue of paragraph 9 of that Schedule) which have no economic life for the purposes of Part 15A of the Value Added Tax Regulations 1995 at the time when they are used or made available for use.