
1 
These Regulations may be cited as the Value Added Tax (Amendment) (No. 2) Regulations 2001 and shall come into force on 1st April 2001.
2 
The Value Added Tax Regulations 1995 are amended as follows.
3 
In part VII (annual accounting)—
(a) in regulation 52(1)(b), for “£300,000” substitute “£600,000”; and
(b) in regulations 53(2)(a) and 54(1)(e) and (2), for “£375,000” substitute “£750,000”.
4 
In Part VIII (cash accounting)—
(a) in regulation 58(1)(a), for “£350,000” substitute “£600,000”; and
(b) in regulation 60(1), for “£437,500” substitute “£750,000”.
Martin Brown
Commissioner of Customs and Excise
New King’s Beam House
22 Upper Ground
London
SE1 9PJ
1st March 2001