Value-Added Tax Consolidation Act 2010

86

Special provisions for tax invoiced by flat-rate farmers.

[VATA ss. 12A and 35(3)]

86.—F200[(1) Subject to section 68(1) and (6) and subsection (1A), where a flat-rate farmer supplies agricultural produce or an agricultural service to a person, the farmer shall issue to the person an invoice indicating the consideration (exclusive of the flat-rate addition) in respect of the supply and an amount (in this Act referred to as a "flat-rate addition") equal to F201[4.8 per cent] of that consideration (exclusive of the flat-rate addition).

(1A) Where section 68(6) applies, the issue of an invoice by a flat-rate farmer shall only apply in respect of agricultural produce or an agricultural service of a kind not specified in an order made by the Minister under section 86A.]

(2) Where, in relation to a supply of agricultural produce or an agricultural service by a flat-rate farmer, the farmer issues an invoice in which the flat-rate addition is stated separately, that addition is recoverable by the farmer as part of the consideration for the F202[transaction other than where an order has been made by the Minister under section 86A relating to such supply of produce or service.]

Annotations

Amendments:

F200

Substituted and inserted (1.01.2017) by Finance Act 2016 (18/2016), s. 47(1)(b)(i), commenced as per s. (2).

F201

Substituted (1.01.2024) by Finance (No. 2) Act 2023 (39/2023), s. 62, commenced as per s. 62.

F202

Substituted (1.01.2017) by Finance Act 2016 (18/2016), s. 47(1)(b)(ii), commenced as per subs. (2).

F203

Substituted (1.01.2025) by Finance Act 2024 (43/2024), s. 83, commenced as per s. 83.

Modifications (not altering text):

C6

Prospective affecting provision: subs. (1) amended (1.01.2025) by Finance Act 2024 (43/2024), s. 83, commenced as per s. 83.

86.—F200[(1) Subject to section 68(1) and (6) and subsection (1A), where a flat-rate farmer supplies agricultural produce or an agricultural service to a person, the farmer shall issue to the person an invoice indicating the consideration (exclusive of the flat-rate addition) in respect of the supply and an amount (in this Act referred to as a "flat-rate addition") equal to F203[5.1 per cent] of that consideration (exclusive of the flat-rate addition).

...]

Editorial Notes:

E57

Previous affecting provision: subs. (1) amended (1.01.2024) by Finance (No. 2) Act 2023 (39/2023), s. 62, commenced as per s. 62; substituted (1.01.2025) as per F-note above.

E58

Previous affecting provision: subs. (1) amended (1.01.2023) by Finance Act 2022 (44/2022), s. 56, commenced as per s. 56; substituted (1.01.2024) as per F-note above.

E59

Previous affecting provision: subs. (1) amended (1.01.2022) by Finance Act 2021 (45/2021), s. 54, commenced as per s. 54; substituted (1.01.2023) as per F-note above.

E60

Previous affecting provision: subs. (1) amended (1.01.2021) Finance Act 2020 (26/2020), s. 40, commenced as per s. 40; substituted as per F-note above.

E61

Previous affecting provision: subs. (1) amended (1.01.2015) by Finance Act 2014 (37/2014), s. 67, commenced as per s. 67; substituted as per F-note above.

E62

Previous affecting provision: subs. (1) amended (1.01.2014) by Finance Act (No. 2) Act 2013 (41/2013), s. 64; superseded as per E-note above.

E63

Previous affecting provision: subs. (1) amended (1.01.2013) by Finance Act 2013 (8/2013), s. 73; superseded as per E-note above.