{
  "url": "https://openlegislation.uk/value-added-tax-regulations-1995/regulation-55L",
  "json_url": "https://openlegislation.uk/value-added-tax-regulations-1995/regulation-55L.json",
  "legislation": "uksi/1995/2518",
  "legislation_title": "The Value Added Tax Regulations 1995",
  "legislation_url": "https://openlegislation.uk/value-added-tax-regulations-1995",
  "path": "regulation/55L",
  "kind": "regulation",
  "number": "55L",
  "heading": "Admission to scheme",
  "text": "(1) A taxable person shall be eligible to be authorised to account for VAT in accordance with the scheme at any time if—\n(a) there are reasonable grounds for believing that—\n(i) the value of taxable supplies to be made by him in the period of one year then beginning will not exceed £150,000, and\n(ii) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(b) he—\n(i) is not a tour operator,\n(ii) is not required to carry out adjustments in relation to a capital item under Part XV, or\n(iii) does not intend to opt to account for the VAT chargeable on a supply made by him by reference to the profit margin on the supply, in accordance with the provisions of any Order made under section 50A of the Act,\n(c) he has not, in the period of one year preceding that time—\n(i) been convicted of any offence in connection with VAT,\n(ii) made any payment to compound proceedings in respect of VAT under section 152 of the Customs and Excise Management Act 1979,\n(iii) been assessed to a penalty under section 60 of the Act, or\n(iv) ceased to operate the scheme, and\n(d) he is not, and has not been within the past 24 months—\n(i) eligible to be registered for VAT in the name of a group under section 43A of the Act,\n(ii) registered for VAT in the name of a division under section 46(1) of the Act, or\n(iii) associated with another person.\n(2) In determining the value of a person’s taxable supplies ... for the purposes of paragraph (1)(a)—\n(a) any supply of goods or services that are capital assets of the business in the course or furtherance of which they are supplied, and\n(b) any supply of services treated as made by the recipient by virtue of section 8 of the Act (reverse charge on supplies from abroad),\nshall be disregarded.\n(3) Notwithstanding the above, where a person has been—\n(a) eligible to be registered for VAT in the name of a group under section 43A of the Act,\n(b) registered for VAT in the name of a division under section 46(1) of the Act, or\n(c) associated with another person,\nin the period of 24 months before the date of his application, he shall not be eligible to be authorised, unless the Commissioners are satisfied that such authorisation poses no risk to the revenue.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 7A inserted (25.4.2002) by The Value Added Tax (Amendment) (No. 2) Regulations 2002 (S.I. 2002/1142), regs. 1(2), 7"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Word in reg. 55L(1)(a)(i) substituted (10.4.2003) by The Value Added Tax (Amendment) (No. 2) Regulations 2003 (S.I. 2003/1069), regs. 1(1), 7(1)(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Reg. 55L(1)(a)(ii) omitted (1.4.2009) by virtue of The Value Added Tax (Amendment) Regulations 2009 (S.I. 2009/586), regs. 1, 6(a)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in reg. 55L(2) omitted (1.4.2009) by virtue of The Value Added Tax (Amendment) Regulations 2009 (S.I. 2009/586), regs. 1, 6(b)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "1986 c. 45 ."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/2518/regulation/55L",
    "retrieved_at": "2026-10-29T13:01:01.982800+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}