The Value Added Tax (Increase of Registration Limits) Order 2002

• Citation: S.I. 2002/1098
• Sections: 3

Section 1

This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 2002 and comes into force on 25th April 2002.

Section 2

In Schedule 1 to the Value Added Tax Act 1994 (registration in respect of taxable supplies)—

(a) in paragraph 1(1)(a), (1)(b), (2)(a) and (2)(b), for “£54,000” substitute “£55,000”; and

(b) in paragraphs 1(3) and 4(1) and (2), for “£52,000” substitute “£53,000”.

Section 3

In Schedule 3 to the Value Added Tax Act 1994 (registration in respect of acquisitions from other member States)—

(a) in paragraph 1(1) and (2); and

(b) in paragraph 2(1)(a), (1)(b) and (2),

for “£54,000” substitute “£55,000”.