(This note is not part of the Order)

This Order increases the VAT registration limits for taxable supplies and acquisitions from other member States from £49,000 to £50,000, with effect from 1st April 1998.

This Order also increases the limit for cancellation of registration in the case of taxable supplies from £47,000 to £48,000 and in the case of acquisitions from £49,000 to £50,000 with effect from 1st April 1998.