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Commentary

Vouchers (United Kingdom)

55 United Kingdom

Key domestic legislation: Value Added Tax Act 1994, Sch 10B

In accordance with special rules for the VAT treatment of transactions involving vouchers, there are two types of vouchers:

  1. Ìý

    •ÌýÌýÌýÌý Single purpose vouchers (SPVs) – SPVs are vouchers where the place of supply

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