The Value Added Tax (Increase of Registration Limits) Order 1996

• Citation: S.I. 1996/2950
• Sections: 3

Section 1

This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 1996 and shall come into force on the following dates:

Section 2

Schedule 1 to the Value Added Tax Act 1994 shall be amended as follows:

(a) in paragraphs 1(1)(a), 1(1)(b), 1(2)(a) and 1(2)(b) for “£47,000”there shall be substituted “£48,000”, and

(b) in paragraphs 1(3), 4(1) and 4(2) for “£45,000”there shall be substituted “£46,000”.

Section 3

Schedule 3 to the Value Added Tax Act 1994 shall be amended in paragraphs 1(1), 1(2), 2(1)(a), 2(1)(b) and 2(2) by substituting “£48,000”for “£47,000”.