The Value Added Tax (Payments on Account) (Amendment) Order 2007

• Citation: S.I. 2007/1420
• Sections: 2

Section 1

This Order may be cited as the Value Added Tax (Payments on Account) (Amendment) Order 2007 and comes into force on 1st June 2007.

Section 2

In the Value Added Tax (Payments on Account) Order 1993 , after article 2 insert—

Supplies to which section 55A(6) of the Act applies (customers to account for tax on supplies of a kind used in missing trader intra-community fraud)

(2A) Where, on application, a taxable person satisfies the Commissioners that, by reason solely of any amount that he is liable to pay by virtue of section 55A(6) of the Act—

(a) he falls within article 5 or 6 below, or

(b) the amount of each of his payments on account is increased,

then, with effect from the date of the approval by the Commissioners of the application, any amount that he is so liable to pay by virtue of that section shall be disregarded for the purposes of those articles or, as the case may be, the calculation of the amount of each of his payments on account.