Article 2 Amendment of Value Added Tax Act 1994
(1)
The Value Added Tax Act 1994 is amended as follows.
(2)
In Schedule 1 (registration in respect of taxable supplies)—
(a)
in paragraph 1(1)(a) and (b) and (2)(a) and (b), for “£64,000” substitute “£67,000”; and
(b)
in paragraphs 1(3) and 4(1) and (2), for “£62,000” substitute “£65,000”.
(3)
In Schedule 3 (registration in respect of acquisitions from other member States)—
(a)
in paragraph 1(1) and (2), and
(b)
in paragraph 2(1)(a) and (b) and (2),
for “£64,000” substitute “£67,000”.