Statutory Instruments
2007 No. 3448
value added tax
The Value Added Tax (Reduced Rate) (No. 2) Order 2007
Made
6th December 2007
Laid before the House of Commons
7th December 2007
Coming into force
1st January 2008
The Treasury, in exercise of the powers conferred by sections 29A and 96(9) of the Value Added Tax Act 1994( 1 ), make the following Order:
1. This Order may be cited as the Value Added Tax (Reduced Rate) (No. 2) Order 2007 and comes into force on 1st January 2008.
2. Group 7 of Schedule 7A to the Value Added Tax Act 1994 (charge at reduced rate for residential renovations and alterations)( 2 ) is amended as follows.
3. In sub-paragraphs (2), (3)(a), (3)(b)(ii) and (3)(c) of paragraph 3 of the Notes, for “3 years” substitute “2 years”.
4. Accordingly, in the heading of that paragraph for “3 years” substitute “2 years”.
Dave Watts
Alan Campbell
Two of the Lords Commissioners of Her Majesty’s Treasury
6th December 2007
1994 c.23 ; section 29A was inserted by section 99(4) of the Finance Act 2001 (c. 9) and section 96(9) was amended by section 99(6) of, and paragraph 5 of Part 2 of Schedule 31 to, that Act.
Schedule 7A was inserted by section 99(5) of, and paragraph 1 of Schedule 31 to, the Finance Act 2001. Schedule 7A applies in place of Schedule A1 in relation to supplies made, and acquisitions and importations taking place, on or after 1st November 2001. Group 7 of Schedule 7A has been amended by S.I. 2002/1100 . There are other amendments to Schedule 7A but they are not relevant to this Order.