Citation and commencement

1. This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 2024 and comes into force on 1st April 2024.

Amendment of the Value Added Tax Act 1994

2. —(1)The Value Added Tax Act 1994 is amended as follows.

(2) In Schedule 1 (registration in respect of taxable supplies: UK establishment)( 2 )—

(a) in paragraph 1(1)(a), (1)(b), (2)(a) and (2)(b), for “£85,000” substitute “£90,000” ;

(b) in paragraph 1(3), for “£83,000” substitute “£88,000” ;

(c) in paragraph 4(1) and (2), for “£83,000” substitute “£88,000” .

(3) In Schedule 9ZA (VAT on acquisitions in Northern Ireland from Member States)—

(a) in paragraph 38(1) and (2), for “£85,000” substitute “£90,000” ;

(b) in paragraph 39(1)(a), (1)(b) and (2), for “£85,000” substitute “£90,000” .