Article 2 Amendment of the Value Added Tax (Payments on Account) Order 1993

The Value Added Tax (Payments on Account) Order 1993^f1 is amended as follows—

(a)

in article 2(1) in the definition of “the basic period” for “£2,000,000” substitute “the figure specified in article 5(1) or 6(1)”;

(b)

in article 5(1) for “£2,000,000” substitute “£2,300,000”;

(c)

in article 6(1) for “£2,000,000” substitute “£2,300,000”;

(d)

in article 7 for “£1,600,000” substitute “£1,800,000”; and

(e)

in article 16(1) for “£2,000,000” substitute “the figure specified in article 5(1) or 6(1) respectively”.

Annotations

f1: S.I. 1993/2001, amended by S.I. 1995/291; there are other amending instruments but none is relevant.