- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)Paragraph 1 of Schedule 1 to the [1972 c. 41.] Finance Act 1972 (liability to be registered) shall be amended as provided in subsections (2), (3) and (4) below.
(2)For sub-paragraph (a) there shall be substituted—
“(a)after the end of any quarter, if the value of his taxable supplies—
(i)in that quarter has exceeded £4,000 ; or
(ii)in the four quarters then ending has exceeded £13,500; or”.
(3)In sub-paragraph (b) for " £10,000 " there shall be substituted " £13,500 ".
(4)For the words from " except " to the end of the paragraph there shall be substituted the words " except that a person is not liable to be registered by virtue of sub-paragraph (a)(i) above after the end of any quarter if the Commissioners are satisfied that the value of his taxable supplies in that quarter and the next three quarters will not exceed £13,500. "
(5)In section 20(1) of the said Act of 1972 (registration of local authorities) for " £10,000 ", in both places, there shall be substituted " £13,500 ".
(6)This section shall be deemed to have come into force on 27th March 1980.
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: