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Section 50A(4)

VATA 1994
Value Added Tax Act 1994 · United Kingdom

Subject to subsection (7) below, the profit margin on a supply to which this section applies shall be taken, for the purposes of an order under this section, to be equal to the amount (if any) by which the price at which the person making the supply obtained the goods in question is exceeded by the price at which he supplies them.

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