# The Value Added Tax (Payments on Account) Regulations 1992, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations contain provisions supplementary to the Value Added Tax (Payments on Account) Order 1992 (S.I. 1992/1510). They provide for—
(a) notification to a taxable person who is required to pay payments on account under the Order (regulation 3),
(b) payment of the excess to a taxable person where the payments on account paid in respect of a period exceed the output tax due (regulation 4), and
(c) recovery of payments on account (regulation 5).

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Source: https://www.legislation.gov.uk/uksi/1992/1536/note (the official version)
Page: https://openlegislation.uk/value-added-tax-payments-on-account-regulations-1992/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.