# The Value Added Tax (Increase of Registration Limits) Order 1987, Note: Explanatory note


(This note is not part of the Order)
This Order increases the VAT registration limit from £20,500 to £21,300 per annum and the single quarterly limit from £7,000 to £7,250 with effect from 18th March 1987.
The Order also increases the limits for cancellation of registration with effect from 1st June 1987. The limit is increased from £20,500 to £21,300 where cancellation is sought on the basis of past taxable turnover and from £19,500 to £20,300 where it is sought on the basis of expected future taxable turnover.
The later date of implementation of the change in the cancellation limits is to allow time for potential applicants for deregistration to consider their position and to make application to their local VAT office.

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Source: https://www.legislation.gov.uk/uksi/1987/438/note (the official version)
Page: https://openlegislation.uk/value-added-tax-increase-of-registration-limits-order-1987/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.