Statutory Instruments
2006 No. 876
VALUE ADDED TAX
The Value Added Tax (Increase of Registration Limits) Order 2006
Made
22nd March 2006
Laid before the House of Commons
22nd March 2006
Coming into force
1st April 2006
The Treasury make the following Order in exercise of the powers conferred by paragraph 15 of Schedule 1 and paragraph 9 of Schedule 3 to the Value Added Tax Act 1994( 1 ):
1. This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 2006 and comes into force on 1st April 2006.
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 “£60,000” substitute “£61,000”; and
(b) in paragraphs 1(3) and 4(1) and (2), for “£58,000” substitute “£59,000”.
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 “£60,000” substitute “£61,000”.
Tom Watson
Dave Watts
Two of the Lords Commissioners of Her Majesty’s Treasury
22nd March 2006
1994 c. 23 ; the amounts in Schedules 1 and 3 were last varied by S.I. 2005/727 .