Finance Act, 1984

Amendment of section 8 (accountable persons) of Principal Act.

86.Section 8 of the Principal Act is hereby amended—

(a) in subsection (1) (inserted by the Finance Act, 1978 ) by the insertion after “in the course” of “or furtherance”,

(b) in subsection (3) (inserted by the Finance Act, 1978 )—

(i) in subparagraph (c) (ii) (inserted by the Finance (No. 2) Act, 1981 ), by the insertion after “taxable goods” of “(not being goods chargeable at either of the rates specified in paragraphs (a) and (c) of subsection (1) of section 11 which were produced or manufactured by him wholly or mainly from materials chargeable at the rate specified in paragraph (b) of that subsection)”, and

(ii) by the substitution of the following paragraph for paragraph (e) (inserted by the Finance (No. 2) Act, 1981 ):

“(e) a person, other than a person to whom paragraph (a), (b) or (c) applies, for whose supply of taxable goods and services the total consideration has not exceeded and is not likely to exceed £12,000 in any continuous period of twelve months:

Provided that, where in the case of two or more persons one of whom exercises control over one or more of the other persons, supplies of goods of the same class or of services of the same nature are made by two or more of those persons, the total of the consideration relating to the said supplies shall, for the purposes of the application of paragraphs (c) and (e) in relation to each of the persons aforesaid who made the said supplies be treated as if all of the supplies in question had been made by each of the last-mentioned persons.”,


(c) by the insertion after subsection (3A) (inserted by the Finance Act, 1982 ) of the following subsection:

“(3B) In this section ‘control’, in relation to a body corporate, means the power of a person to secure, by means of the holding of shares or the possession of voting power in or in relation to that or any other body corporate, or by virtue of any powers conferred by the articles of association or other document regulating that or any other body corporate, that the affairs of the first-mentioned body corporate are con ducted in accordance with the wishes of that person, and, in relation to a partnership, means the right to a share of more than one-half of the assets, or of more than one-half of the income, of the partnership.”.