Section 77A(4)

For the purposes of subsection (2) above the amount of VAT that is payable in respect of a supply is the lesser of— the amount chargeable on the supply, and the amount shown as due on the supplier’s return for the prescribed accounting period in question (if he has made one) together with any amount assessed as due from him for that period (subject to any appeal by him).

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