Updates: VAT Valuation Manual
2023
Background: the general valuation rule
Link fixed
Apportionment of monetary consideration: the law
Amended links in text.
Apportionment of monetary consideration: is there more than one supply?
Updated the links in the 2nd paragraph
Apportionment of monetary consideration: methods of apportionment - general
Amendment to all content of page
Added link to GFC2 (2023)
Apportionment of monetary consideration: apportionments based upon selling-prices
Content of this whole page has changed
Change to the whole of content of the page
Apportionment of monetary consideration: retrospective apportionment
Amend wording to change 'trader' to business
Apportionment of monetary consideration: costs-based apportionments
Amendments to the whole page content
2021
Manufacturer and Dealer deposit contributions
Minor reformatting
Background: importance of consideration
EU Exit changes
Background: roles and responsibilities
EU Exit changes
Monetary consideration: the law
EU Exit changes
Monetary consideration: VAT on other taxes
EU Exit changes
Monetary consideration: adjusting the value of a monetary consideration
EU Exit changes
Non-monetary consideration: the law
EU Exit changes
Special valuation provisions: connected persons - Paragraph 1, Schedule 6, VATA 1994
EU Exit changes
Special valuation provisions: direct selling - Paragraph 2, Schedule 6, VATA 1994
EU Exit changes
EU Exit changes
EU Exit changes
Valuation of acquisitions: the law
Guidance archived - no longer relevant following the UK's exit from the European Union
Valuation of acquisitions: general valuation rules for acquisitions - Section 20, VATA 1994
Guidance archived - no longer relevant following the UK's exit from the European Union
Valuation of acquisitions: special valuation rules for acquisitions - Schedule 7, VATA 1994
Guidance archived - no longer relevant following the UK's exit from the European Union
Valuation of acquisitions: contents
Guidance archived - no longer relevant following the UK's exit from the European Union
2020
Specific applications: Opticians and sellers of hearing-aids: sellers of hearing-aids
Archiving reason text added.
Archiving reason text added.
Archiving reason text added.
Archiving reason text added.
Archiving reason text added.
Specific applications: Opticians and dispensers of hearing-aids: Separately Disclosed Charges
Reworking of guidance to clarify new policy, and renumbering of sections to improve the flow of the guidance.
Reflecting policy changes from 1 October 2020.
Specific applications: Opticians and dispensers of hearing-aids: Apportionment
Changing guidance to reflect new policy on apportionment with effect from 1 October 2020.
Specific applications: Opticians and sellers of hearing-aids: sellers of hearing-aids
Archiving this guidance to remove it from display.
Specific applications: Opticians and dispensers of hearing-aids: contents
Taking account of reordering of this guidance.
Reoredering of guidance from 1 October 2020.
Specific applications: Opticians: A worked example of an apportionment method
Much guidance which is no longer required/accurate has been deleted.
Deleting this guidance to reflect policy changes.
Guidance deleted to account for policy changes.
Guidance deleted to reflect policy changes
Guidance deleted to take account of policy changes.
Specific applications: Opticians and dispensers of hearing-aids: background
Removed historical references which are no longer relevant, and made guidance shorter and more efficient.
2019
Archived: now VATVAL13420
Specific applications: contents
Contents change: Removed VATVAL13400, Added VATVAL13420
Added VATVAL13420
Removal of 1989 Administrative agreement with the Brewers Society
Non-monetary consideration: part exchange: bumping
Clarification on 'Bumping' and Margin scheme. Link to VATMARG 13300 added.
Manufacturer and Dealer deposit contributions
Content page updated
Added reference to Regulation 38ZA
2018
Specific applications: Company vehicles used for private purposes
Sentence on home to workplace mileage has been removed and link given to VAT input tax manual instead.
2017
Special valuation provisions: prompt payment discounts - Paragraph 4, Schedule 6, VATA 1994
first publication of page
Background: roles and responsibilities
Standardised page
Specific applications: Services incidental to supplies of goods: general
Page changed to link to notice 700/24 which was extensively re-written.
Specific applications: Opticians and dispensers of hearing-aids: Apportionment
New second paragraph inserted. Links added and grammar corrected.
Special valuation provisions: imports - Paragraph 3, Schedule 6, VATA 1994
Name of team updated.
Special valuation provisions: other types of discount
Three sections deleted - One- Rentals of televisions and other Domestic Appliances, Two - Contingent rebates discounts and other delayed reductions of price, and Three - Effect of discounts when trader is subject to a Notice of Direction.
Specific applications: commissions
"And netting of" removed from the page title as requested by Ed Fosbrook.