# The Value Added Tax (Business Gifts of Small Value) Order 2001, Article 2


In Schedule 4 to the Value Added Tax Act 1994 (matters to be treated as supply of goods or services), in paragraph 5(2)(a) (gift of goods in the course or furtherance of a business not a supply if cost to donor is not more than £15), for “£15” there shall be substituted “£50”.

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Source: https://www.legislation.gov.uk/uksi/2001/735/article/2 (the official version)
Page: https://openlegislation.uk/value-added-tax-business-gifts-of-small-value-order-2001/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.