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The Value Added Tax (Small Non-Commercial Consignments) Relief (Amendment) Order 2015

S.I. 2015/2015 · Made 10 December 2015

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 10th December 2015

Laid before the House of Commons 11th December 2015

Coming into force 1st January 2016

The Treasury makes the following Order in exercise of the powers conferred by section 37(1) of the Value Added Tax Act 1994f1.

It appears to the Treasury that it is expedient to make this Order having regard to the need to comply with Council Directive 2006/79/ECf2.

Annotations to the whole text

Footnotes

f1

1994 c.23.

f2

OJ No L 286, 17.10.2006, p15.

Contents

  1. 1Citation and commencement
  2. 2Amendment of the Value Added Tax (Small Non-Commercial Consignments) Relief Order 1986
  3. 3Amendment of the Value Added Tax (Small Non-Commercial Consignments) Relief Order 1986
  4. Signature
  5. Explanatory note

1Citation and commencement

This Order may be cited as the Value Added Tax (Small Non-Commercial Consignments) Relief (Amendment) Order 2015 and comes into force on 1st January 2016.

2Amendment of the Value Added Tax (Small Non-Commercial Consignments) Relief Order 1986

The Value Added Tax (Small Non-Commercial Consignments) Relief Order 1986f1 is amended as follows.

3Amendment of the Value Added Tax (Small Non-Commercial Consignments) Relief Order 1986

In article 3(2) (relief from value added tax), for “£36” substitute “£34”.

Signature

Mel Stride

George Hollingbery

Two of the Lords Commissioners for Her Majesty’s Treasury

10th December 2015

Explanatory note

(This note is not part of the Order)

This Order amends article 3(2) of the Value Added Tax (Small Non-Commercial Consignments) Relief Order 1986 (S.I. 1986/939). That Order provides for relief from VAT in certain circumstances for small non-commercial consignments of goods imported into the UK from a place outside of the European Union, and article 3(2) of that Order specifies the maximum value of goods in a “small consignment”. Article 3 of this Order lowers that maximum value from £36 to £34.

This amendment is made in order to comply with Council Directive 2006/79/EC (OJ No L 286, 17.10.2006), which specifies that a small non-commercial consignment is a consignment whose value does not exceed €45. Member States whose national currency is not the euro are required by the Directive to determine the equivalent amount in their national currency annually by reference to an exchange rate obtained on the first working day of October and then specify that amount for the purposes of their national legislation with effect from 1st January of the following year. On 1st October 2015 the sterling equivalent of €45 was £34.

A Tax Information and Impact Note has not been prepared for this Instrument as it contains no substantive changes to tax policy.