The Value Added Tax (Payments on Account) (Amendment) Order 2011

• Citation: S.I. 2011/21
• Sections: 2

Section 1 Citation and Commencement

(1) This Order may be cited as the Value Added Tax (Payments on Account) (Amendment) Order 2011.

(2) This Order comes into force on 1st June 2011 save for Article 2(b) which comes into force on 1st December 2011.

Section 2 Amendment of the Value Added Tax (Payments on Account) Order 1993

The Value Added Tax (Payments on Account) Order 1993 is amended as follows—

(a) in article 2(1) in the definition of “the basic period” for “£2,000,000” substitute “the figure specified in article 5(1) or 6(1)”;

(b) in article 5(1) for “£2,000,000” substitute “£2,300,000”;

(c) in article 6(1) for “£2,000,000” substitute “£2,300,000”;

(d) in article 7 for “£1,600,000” substitute “£1,800,000”; and

(e) in article 16(1) for “£2,000,000” substitute “the figure specified in article 5(1) or 6(1) respectively”.