HC Deb 23 March 2004 vol 419 cc817-8

Resolved,

That provision may be made for the purposes of value added tax in relation to a supply which is a supply of services by virtue of paragraph 5(4) of Schedule 4 to the Value Added Tax Act 1994 where—

  1. the goods in question consist of a motor car,
  2. the person making the supply is a motor dealer or motor manufacturer,
  3. the supply is for a consideration, and
  4. the value of the supply for the purposes of value added tax is less than its open market value.