http://www.legislation.gov.uk/uksi/1987/1427/contents/made

The Value Added Tax (Cash Accounting) Regulations 1987

Business finance

VAT

Tax

King's Printer of Acts of Parliament

2016-04-20

VALUE ADDED TAX

These Regulations provide, subject to certain conditions, for a taxable person to be authorised to account for and pay tax on the basis of cash or other consideration paid and received. They also set out the consequential requirements where a person ceases to be authorised for cash accounting. Provision is made for an appeal to the independent VAT Tribunal against a decision to refuse or withdraw an authorisation.