OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order increases the VAT registration limit from £22,100 to £23,600 per annum and the single quarterly limit from £7,500 to £8,000 with effect from 15th March 1989.

The Order also increases the limit for cancellation of registration from £21,100 to £22,600 with effect from 1st June 1989.

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.