| Description | File contains a range of material on Value Added Tax prior to its introduction in the UK in April 1973. Papers relate mainly to the Bank's own position in relation to VAT. Also includes material relating to the wider banking community. Includes: a note on the Bank's progress towards the introduction of VAT; meetings with Customs and Excise; list agreed with Customs and Excise of services provided by clearing banks and its taxable status; notes of meetings held within the Bank concerning various departments and divisions; irrecoverable input tax; VAT on Allotment Commission; Exchange Deals for customers; general guide to the operation of VAT in the Bank; new issues; note on the accounting procedures to be adopted in the Accounts and Costing Office for VAT from 1 Apr 1973; VAT on financial services; VAT on Sinking Funds; VAT on the Superannuation Fund; VAT on Austrian Loans; Cashier's Department background note on VAT. |