B3.275 Structures And Buildings Allowance—Treatment Of Additional VAT Liabilities And Rebates

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Commentary

Business tax

For the purposes of the provisions described here, the terms 'additional VAT liability' and 'additional VAT rebate' have the meaning described in B3.103. The time a person incurs an additional VAT liability or an additional VAT rebate is made to a person is as described in B3.104, as is the chargeable period in which a liability or rebate accrues¹.

Additional VAT liability

Where a person who is entitled to a structures or buildings allowance (SBA) by reference to qualifying expenditure incurred by him incurs an additional

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