- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol). This item of legislation is currently only available in its original format.
17. In regulation 55B(1)(a) (start date), after “notified” omit “in writing”.
18.—(1) In regulation 55A(1) (interpretation)—
(a)omit the definitions of “amendment date” and “change date”,
(b)immediately before the definition of “end date” insert—
““EDR” means the day with effect from which a person is registered under the Act;”,
(c)after paragraph (2) insert—
“(3) For the purposes of this Part, “relevant date”, in relation to a flat-rate trader, means any of the following—
(a)his start date;
(b)the first day of the prescribed accounting period current at any anniversary of his start date;
(c)any day on which he first carries on a new business activity;
(d)any day on which he no longer carries on an existing business activity;
(e)any day with effect from which the Table is amended in relation to him;
(f)where regulation 55JB (reduced rate for newly registered period) applies—
(i)the day that his newly registered period begins, and
(ii)the first anniversary of his EDR.”.
(2) In regulation 55D (method of accounting), for “regulations 55J and 55JA”, substitute “regulations 55H and 55JB”.
(3) In regulation 55K (category of business), omit paragraph (2).
(4) For regulation 55N(1) and (2) (notification), substitute—
“(1) Where—
(a)at the first day of the prescribed accounting period current at any anniversary of his start date,
(b)the appropriate percentage to be applied by a flat-rate trader in accordance with regulation 55H(2)(a) for the prescribed accounting period just beginning differs from that applicable to his relevant turnover at the end of the previous prescribed accounting period,
he must notify the Commissioners of that fact within 30 days of the first day of the prescribed accounting period current at the anniversary of his start date.
(2) Where a flat-rate trader begins to carry on a new business activity or ceases to carry on an existing business activity, he must notify the Commissioners of—
(a)that fact,
(b)the date that is the relevant date described by regulation 55A(3)(c) or (d) (as the case may be), and
(c)the appropriate percentage to be applied to the period immediately before that relevant date and immediately after it,
within 30 days of that relevant date.”.
19.—(1) For regulations 55H to 55JA (appropriate percentage), substitute—
“55H.—(1) The appropriate percentage to be applied by a flat-rate trader for any prescribed accounting period, or part of a prescribed accounting period (as the case may be), shall be determined in accordance with this regulation and regulations 55JB and 55K.
(2) For any prescribed accounting period—
(a)beginning with a relevant date, the appropriate percentage shall be that specified in the Table for the category of business that he is expected, at the relevant date, on reasonable grounds, to carry on in that period;
(b)current at his start date but not beginning with his start date, the appropriate percentage shall be that specified in the Table for the category of business that he is expected, at his start date, on reasonable grounds, to carry on in the remainder of the period;
(c)not falling within (a) or (b), the appropriate percentage shall be that applicable to his relevant turnover at the end of the previous prescribed accounting period.
(3) Except that, where a relevant date other than his start date occurs on a day other than the first day of a prescribed accounting period, the following rules shall apply for the remainder of that prescribed accounting period—
(a)for the remaining portion, the appropriate percentage shall be that specified in the Table for the category of business that he is expected, at the relevant date, on reasonable grounds, to carry on in that period;
(b)“remaining portion” means that part of the prescribed accounting period in which the relevant date occurs—
(i)starting with the relevant date, and
(ii)ending on the last day of that prescribed accounting period;
(c)the appropriate percentage specified in sub-paragraph (a) shall be applied to his relevant turnover in the remaining portion described;
(d)if the rules set out in paragraphs (a) to (c) apply and then another relevant date occurs in the same prescribed accounting period, then—
(i)the existing remaining portion ends on the day before the latest relevant date,
(ii)another remaining portion begins on the latest relevant date, and
(iii)the rules in paragraph (a) to (c) shall be applied again in respect of the latest remaining portion.”
(2) Immediately before regulation 55K, insert—
55JB.—(1) This regulation applies where a flat-rate trader’s start date falls within one year of his EDR.
(2) Except that this regulation does not apply where—
(a)the Commissioners received notification of, or otherwise became fully aware of, his liability to be registered more than one year after his EDR, or
(b)his end date or the first anniversary of his EDR falls before 1st January 2004.
(3) At any relevant date on or after 1st January 2004 falling within his newly registered period, the Table shall be read as if each percentage specified in the right-hand column were reduced by one.
(4) A flat-rate trader’s “newly registered period” is the period—
(a)beginning with the later of—
(i)his start date; and
(ii)the day the Commissioners received notification of, or otherwise became fully aware of, his liability to be registered under the Act, and
(b)ending on the day before the first anniversary of his EDR.”.
20. In regulation 55K (category of business), for the Table substitute—
Category of business | Appropriate percentage |
---|---|
* “Labour-only building or construction services” means building or construction services where the value of materials supplied is less than 10 per cent. of relevant turnover from such services; any other building or construction services are “general building or construction services”. | |
Retailing food, confectionery, tobacco, newspapers or children’s clothing | 2 |
Membership organisation Postal and courier services Pubs Wholesaling food | 5.5 |
Farming or agriculture that is not listed elsewhere Retailing that is not listed elsewhere Wholesaling agricultural products | 6 |
Retailing pharmaceuticals, medical goods, cosmetics or toiletries Retailing vehicles or fuel Sport or recreation Wholesaling that is not listed elsewhere | 7 |
Agricultural services Library, archive, museum or other cultural activity Manufacturing food Printing Repairing vehicles | 7.5 |
General building or construction services* Hiring or renting goods Manufacturing that is not listed elsewhere Manufacturing yarn, textiles or clothing Packaging Repairing personal or household goods Social work | 8.5 |
Forestry or fishing Mining or quarrying Transport or storage, including freight, removals and taxis Travel agency | 9 |
Advertising Dealing in waste or scrap Hotel or accommodation Photography Publishing Veterinary medicine | 9.5 |
Any other activity not listed elsewhere Investigation or security Manufacturing fabricated metal products | 10 |
Boarding or care of animals Film, radio, television or video production | 10.5 |
Business services that are not listed elsewhere Computer repair services Entertainment or journalism Estate agency or property management services Laundry or dry-cleaning services Secretarial services | 11 |
Financial services | 11.5 |
Catering services, including restaurants and takeaways Hairdressing or other beauty treatment services Real estate activity not listed elsewhere | 12 |
Architect, civil and structural engineer or surveyor Management consultancy | 12.5 |
Accountancy or book-keeping Computer and IT consultancy or data processing Lawyer or legal services | 13 |
Labour-only building or construction services* | 13.5 |
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.
Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:
Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:
liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys