Schedule 9ZA, Part 4, paragraph 16

NI acquisition VAT is charged at the rate of 5% (instead of at the rate provided by section 2) if— the acquisition in question is of goods the supply of which would be a supply of a description for the time being specified in Schedule 7A (charge at reduced rate), or the acquisition in question is of a description for the time being specified in regulations made by the Treasury for the purposes of this paragraph. Regulations under this paragraph may provide that sub-paragraph (1)(a) does not apply to a description of a supply specified in Schedule 7A that is specified in those regulations. The power to specify a description of an acquisition conferred by sub-paragraph (1)(b) may be exercised so as to describe an acquisition of goods by reference to matters unrelated to the characteristics of the goods.

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Source: legislation.gov.uk · retrieved 2026-07-28