The Value Added Tax (Increase of Registration Limits) Order 2014

• Citation: S.I. 2014/703
• Sections: 4

Section 1 Citation and commencement

This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 2014 and comes into force on 1st April 2014.

Section 2 Amendment of the Value Added Tax Act 1994

Amend the Value Added Tax Act 1994 as follows.

Section 3 Amendment of the Value Added Tax Act 1994

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

(a) in paragraph 1(1)(a), (1)(b), (2)(a) and (2)(b), for “£79,000” substitute “£81,000”;

(b) in paragraph 1(3), for “£77,000” substitute “£79,000”; and

(c) in paragraph 4(1) and (2), for “£77,000” substitute “£79,000”.

Section 4 Amendment of the Value Added Tax Act 1994

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

(a) in paragraph 1(1) and (2), for “£79,000” substitute “£81,000”; and

(b) in paragraph 2(1)(a), (1)(b) and (2), for “£79,000” substitute “£81,000”.