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The Value Added Tax (Increase of Registration Limits) Order 1990

S.I. 1990/682 · Made 20 March 1990

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

VALUE ADDED TAX

Made 20th March 1990

Laid before the Houseof Commons 20th March 1990

Coming into force 1st June 1990

The Treasury, in exercise of the powers conferred on them by paragraph 12 of Schedule 1 to the Value Added Tax Act 1983f1, hereby make the following Order:

Annotations to the whole text

Footnotes

f1

1983 c. 55; Schedule 1 was amended by the Finance Act 1984 (c. 43), section 12, the Finance Act 1986 (c. 41),section 10, the Finance Act 1987 (c. 16), sections 13and 14and the Finance Act 1988 (c. 39), section 14.

Contents

  1. 1Article 1
  2. 2Article 2
  3. Signature
  4. Explanatory note

1

This Order may be cited as the Value Added Tax (Increase of Registration Limits) Order 1990 and shall come into force on 1st June 1990.

2

In paragraph 2(1) and 2(2) of Schedule 1 to the Value Added Tax Act 1983f1 for the figure “£22,600” there shall be substituted the figure “£24,400”.

Signature

Stephen Dorrell

Thomas Sackville

Two of the Lords Commissioners of Her Majesty’s Treasury

20th March 1990

Explanatory note

(This note is not part of the Order)

This Order increases the limit for cancellation of VAT registration from £22,600 to £24,400 witheffect from 1st June 1990.

The VAT registration limit is increased from £23,600 to £25,400 witheffect from21st March 1990 as part of amendments to paragraph 1 of Schedule 1 to the Value Added Tax Act 1983 that are contained in a resolution under the Provisional Collection of Taxes Act 1968 (c. 2).

The later date of implementation of the change in the cancellation limits is to allow time for potential applicants to consider their positionand to make application to their local VAT Office.