The Value Added Tax (Increase of Registration Limits) Order 2012

• Citation: S.I. 2012/883
• Sections: 4

Section 1 Citation and Commencement

This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 2012 and comes into force on 1st April 2012.

Section 2 Amendment of the Value Added Tax Act 1994

The Value Added Tax Act 1994 is amended in accordance with articles 3 and 4.

Section 3 Amendment of the Value Added Tax Act 1994

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

(a) in paragraph 1(1)(a) and (b) and (2)(a) and (b), for “£73,000” substitute “£77,000”; and

(b) in paragraphs 1(3) and 4(1) and (2), for “£71,000” substitute “£75,000” .

Section 4 Amendment of the Value Added Tax Act 1994

In Schedule 3 (registration in respect of acquisitions from other member States) in paragraphs 1(1) and (2) and 2(1)(a) and (b) and (2), for “£73,000” substitute “£77,000” .