Statutory Instruments
2011 No. 897
Value Added Tax
The Value Added Tax (Increase of Registration Limits) Order 2011
Made
23rd March 2011
Laid before the House of Commons
23rd March 2011
Coming into force
1st April 2011
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 2011 and comes into force on 1st April 2011.
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 “£70,000” substitute “£73,000”; and
(b) in paragraphs 1(3) and 4(1) and (2), for “£68,000” substitute “£71,000”( 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 “£70,000” substitute “£73,000”( 3 ).
Michael Fabricant
James Duddridge
Two of the Lords Commissioners of Her Majesty’s Treasury
23rd March 2011
The amounts in Schedule 1 were last varied by S.I. 2010/920 .
The amounts in Schedule 3 were last varied by S.I. 2010/920 .