Statutory Instruments
2010 No. 920
Value Added Tax
The Value Added Tax (Increase of Registration Limits) Order 2010
Made
24th March 2010
Laid before the House of Commons
24th March 2010
Coming into force
1st April 2010
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 ).
Citation and commencement
1. This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 2010 and comes into force on 1st April 2010.
Amendment of the Value Added Tax Act 1994
2.The Value Added Tax Act 1994 is amended in accordance with articles 3 and 4.
3. In Schedule 1 (registration in respect of taxable supplies)—
(a) in paragraph 1(1)(a) and (b) and (2)(a) and (b), for “£68,000” substitute “£70,000”; and
(b) in paragraphs 1(3) and 4(1) and (2), for “£66,000” substitute “£68,000”( 2 ).
4. 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 “£68,000” substitute “£70,000”( 3 ).
Tony Cunningham
Dave Watts
Two of the Lords Commissioners of Her Majesty’s Treasury
24th March 2010
The amounts in Schedule 1 were last varied by S.I. 2009/1031 .
The amounts in Schedule 3 were last varied by S.I. 2009/1031 .