The Value Added Tax (Amendment) (No.2) Regulations 2007
1These Regulations may be cited as the Value Added Tax...
2The Value Added Tax Regulations 1995 are amended as follows....
3Cash accounting
4In regulation 60(1) (exit) for “£825,000” substitute “£1,600,000”.
5In regulation 61(2) (rules on withdrawal) for “£660,000” substitute “£1,350,000”....
6Input tax and partial exemption
7In regulation 101— (a) for sub-paragraphs (b)(i) to (v) of...
8In regulation 102— (a) in paragraph (1) for “paragraph (2)”...
9At the beginning of regulation 102A(1) insert “Notwithstanding the Commissioners’...
10At the beginning of regulation 103 insert “Other than where...
11As a heading to regulation 103A insert “Attribution of input...
12New means of transport
SCHEDULEForm No.13: New Means of Transport

2007 No. 768

value added tax

The Value Added Tax (Amendment) (No.2) Regulations 2007

Made

Laid before the House of Commons

Coming into force

The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by sections 25(1), 26(1), (3) and (4) and 30(8) of, and paragraphs 2(1), (3), (7) and (11) of Schedule 11 to, the Value Added Tax Act 19941: