6 December 2022 and 1 January 2023 are appointed as the dates under which certain VAT-related provisions in FA 2009 come into force (SI 2022/1277).
More specifically, the regulations provide as follows:
Regulation 2(1) appoints today (6 December 2022) as the date on which FA 2009, s. 102(2)(c) comes into force for the purposes of making an order under that provision for VAT purposes.
Section 102(2)(c) allows the Treasury to specify amounts to which s. 102 (repayment interest) does not apply.
Regulation 2(2) appoints 1 January 2023 as the date on which the following provisions come into force:
- FA 2009, s. 101 and 102;
- F(No. 3)A 2010, Sch. 9, para. 1, 4, 5 and 12; and
- FA 2021, Sch. 29.
FA 2009, s. 101 and 102 provide for the payment of late payment interest and repayment interest in relation to sums paid to or by HMRC.
F(No. 3)A 2010, Sch. 9, para. 4 and 12 amend FA 2009 to make further provision for these purposes.
Those provisions are further amended by FA 2021, Sch. 29.
F(No. 3)A 2010, Sch. 9, para. 1 and 5 make a minor consequential amendment to FA 2009.
Regulation 3 provides for the effect of regulation 2(2); the timings of the application of the interest provisions in relation to particular amounts of value added tax and penalties.
https://www.legislation.gov.uk/uksi/2022/1277/pdfs/uksi_20221277_en.pdf
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