What was Schedule A1 of the Value Added Tax Act 1994?

Schedule A1 was a provision inserted into the Value Added Tax Act 1994 by the Finance Act 1995, section 21(3). It established a reduced rate of VAT that applied to certain specified supplies, acquisitions and importations, providing a framework for charging VAT at a rate lower than the standard rate under United Kingdom law.

When was Schedule A1 of the VAT Act 1994 repealed?

Schedule A1 was repealed by the Finance Act 2001, specifically by sections 99(3) and 110, together with Schedule 33 Part 3(1). The repeal took effect in relation to all supplies made, and all acquisitions and importations taking place, on or after 1 November 2001. The schedule no longer has any operative effect.

Does Schedule A1 apply to any current VAT transactions in the United Kingdom?

No, Schedule A1 no longer has any operative effect and cannot apply to any current transactions. Since its repeal from 1 November 2001, any reduced rate VAT provisions that currently apply to supplies are dealt with elsewhere in the VAT legislation, not under this repealed schedule.

Where should businesses look for current reduced rate VAT provisions after the repeal of Schedule A1?

Businesses and accountants should refer to other current provisions of the Value Added Tax Act 1994, as amended, for details of any applicable reduced rates. Schedule A1 is no longer part of operative law, so the correct VAT rate for supplies must be determined by reference to other active provisions within the legislation.

Value Added Tax Act 1994 Schedule A1

Charge at reduced rate

Schedule A1 previously provided for a reduced rate of VAT to apply to certain supplies, acquisitions and importations, but has since been repealed.

Schedule A1 was originally introduced by the Finance Act 1995 to establish a reduced rate of VAT for specified goods and services.
The schedule was repealed by the Finance Act 2001, sections 99(3) and 110, and Schedule 33 Part 3(1).
The repeal took effect in relation to supplies made, and acquisitions and importations taking place, on or after 1 November 2001.
As a result, Schedule A1 no longer has any operative effect and cannot apply to any current transactions.

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