Value Added Tax Act 1994 section A1-B1

Option for valuation on flat-rate basis

Section A1-B1 of Schedule 6 deals with the option for businesses to use a simplified flat-rate method to account for VAT on road fuel provided for private use by employees, sole traders or partners.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.