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Expansion of VAT Terminal Markets Order to Include Carbon Credits Trading by Government

  • Government to include trades in carbon credits in VAT Terminal Markets Order
  • VAT Terminal Markets Order allows for zero-rating of commodity transactions on named commodity exchanges
  • This change is outlined in paragraph 1.17 of the Overview of Tax Legislation and Rates

Source: rpc.co.uk

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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