Statutory Instruments
2002 No. 1098
VALUE ADDED TAX
The Value Added Tax (Increase of Registration Limits) Order 2002
Made
17th April 2002
Laid before the House of Commons
17th April 2002
Coming into force
25th April 2002
The Treasury, in exercise of the powers conferred on them by paragraph 15 of Schedule 1 and paragraph 9 of Schedule 3 to the Value Added Tax Act 1994( 1 ) and of all other powers enabling them in that behalf, hereby make the following Order:
1. This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 2002 and comes into force on 25th April 2002.
2. In Schedule 1 to the Value Added Tax Act 1994 (registration in respect of taxable supplies)—
(a) in paragraph 1(1)(a), (1)(b), (2)(a) and (2)(b), for “£54,000” substitute “£55,000”; and
(b) in paragraphs 1(3) and 4(1) and (2), for “£52,000” substitute “£53,000”.
3. In Schedule 3 to the Value Added Tax Act 1994 (registration in respect of acquisitions from other member States)—
(a) in paragraph 1(1) and (2); and
(b) in paragraph 2(1)(a), (1)(b) and (2),
for “£54,000” substitute “£55,000”.
Tony McNulty
Anne McGuire
Two of the Lords Commissioners of Her Majesty’s Treasury
17th April 2002
1994 c. 23 ; Schedules 1 and 3 were last varied by S.I. 2001/640 .