HC Deb 07 July 1997 vol 297 c720



(1) In section 2(1A) of the Value Added Tax Act 1994, for "8 per cent." there shall be substituted "5 per cent.".

(2) This Resolution applies in relation to any supply made on or after 1st September 1997 and any acquisition or importation taking place on or after that date.

And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.