Money (including transfer of money) and related services: securities for money, credit guarantees and related services: purpose of VATFIN2800
VATFIN2800 looks at securities for money and credit guarantees and will assist you in determining when something is or is not a security for money or credit guarantee, the consideration received and the liability of the consideration.
Topics not covered by these sections
The following topics are only covered in VAT Notice 701/49 Finance. You should read the relevant paragraphs for guidance on liability:
- face value vouchers (paragraph 3.2);
- travellers’ cheques (paragraph 3.4).