Section 3(2)

LIABILITY TO BE REGISTERED

Related Commentary  Related CasesRelated HMRC Manuals

1(1)  Subject to sub-paragraphs (3) to (7) below, a person who makes taxable supplies but is not registered under this Act becomes liable to be registered under this Schedule–

(a)at the end of any month, if the person is UK-established and the value of his taxable supplies in the period of one year then ending has exceeded £85,000; or

(b)at any time, if the person is UK-established and there are reasonable grounds for believing that the value of his taxable supplies in the period of 30 days then beginning will exceed £85,000.

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