Search Legislation

The Value Added Tax (Increase of Registration Limits) Order 1995

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
 Help about opening options

Opening Options

More Resources

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Statutory Instruments

1995 No. 3037

VALUE ADDED TAX

The Value Added Tax (Increase of Registration Limits) Order 1995

Made

28th November 1995

Laid before the House of Commons

28th November 1995

Coming into force

articles 1 and 2

29th November 1995

article 3

1st January 1996

The Treasury, in exercise of the powers conferred on them by paragraph 15 of Schedule 1 and paragraph 9 of Schedule 3 to the Value Added Tax Act 1994(1) hereby make the following Order:

1.  This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 1995 and shall come into force on the following dates:

articles 1 and 229th November 1995
article 31st January 1996

2.  Schedule 1 to the Value Added Tax Act 1994 shall be amended as follows:

(a)in paragraphs 1(1)(a), 1(1)(b), 1(2)(a) and 1(2)(b) for “£46,000” there shall be substituted “£47,000”, and

(b)in paragraphs 1(3), 4(1) and 4(2) for “£44,000” there shall be substituted “£45,000”.

3.  Schedule 3 to the Value Added Tax Act 1994 shall be amended in paragraphs 1(1), 1(2), 2(1)(a), 2(1)(b) and 2(2) by substituting “£47,000” for “£46,000”.

Derek Conway

Simon Burns

Two of the Lords Commissioners of Her Majesty’s Treasury

28th November 1995

Explanatory Note

(This note is not part of the Regulations)

This Order increases the VAT registration limits for taxable supplies and acquisitions from other member States from £46,000 to £47,000, with effect from 29th November 1995, in the case of taxable supplies and 1st January 1996 in the case of acquisitions.

The Order also increases the limit for cancellation of registration in the case of taxable supplies from £44,000 to £45,000 with effect from 29th November 1995, and in the case of acquisitions from £46,000 to £47,000 with effect from 1st January 1996.

(1)

1994 c. 23. Schedules 1 and 3 were varied by S.I.1994/2905.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

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.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources