The Value Added Tax (Increase of Registration Limits) Order 2008

• Citation: S.I. 2008/707
• Sections: 2

Section 1 Citation and commencement

This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 2008 and comes into force on 1st April 2008.

Section 2 Amendment of Value Added Tax Act 1994

(1) The Value Added Tax Act 1994 is amended as follows.

(2) In Schedule 1 (registration in respect of taxable supplies)—

(a) in paragraph 1(1)(a) and (b) and (2)(a) and (b), for “£64,000” substitute “£67,000”; and

(b) in paragraphs 1(3) and 4(1) and (2), for “£62,000” substitute “£65,000”.

(3) In Schedule 3 (registration in respect of acquisitions from other member States)—

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

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

for “£64,000” substitute “£67,000”.