http://www.legislation.gov.uk/uksi/1992/644/contents/made

The Value Added Tax (Cash Accounting) (Amendment) Regulations 1992

VAT

Tax

King's Printer of Acts of Parliament

2011-07-04

VALUE ADDED TAX

These Regulations, which come into force on 1st April 1992, amend regulation 4(1)(b)(ii) of the Value Added Tax (Cash Accounting) Regulations 1987 by increasing to £5,000 the indebtedness a taxable person may have to the Commissioners without being ineligible for admission to the cash accounting scheme (provided there is an arrangement for the outstanding amount to be paid in instalments).