# The Value Added Tax, etc (Correction of Errors, etc) Regulations 2008, Regulation 7: Landfill tax, climate change levy, aggregates levy


(1) In regulations 15(4)(b), 18(3)(b) and 29(6) of the Aggregates Levy (General) Regulations 2002 (the AL Regulations), for each “£2,000” substitute “£50,000”.
(2) Then, in regulation 29(6) of the AL Regulations, start a new line and continue—
“But if the registrable person’s VAT turnover is small, this total must not for these purposes exceed 1% of that turnover unless the total is less than £10,000.
And if that person is not registered for VAT, the total net amount must not for these purposes exceed £10,000.”.
(3) These amendments (and the related amendment in regulation 8) only have effect in relation to under-calculations or over-calculations respectively in regulations 29(2) and 29(3) of the AL Regulations which registrable persons first discover in their accounting periods that start on 1st July 2008 or later.
(See regulation 29(4) of the AL Regulations for the meaning of “under-calculation” and “over-calculation”; regulation 2 of the AL Regulations for the meaning of “registrable person”; regulation 5 of the AL Regulations for the meaning carried by “accounting period”.)

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Source: https://www.legislation.gov.uk/uksi/2008/1482/regulation/7 (the official version)
Page: https://openlegislation.uk/value-added-tax-etc-correction-of-errors-etc-regulations-2008/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.