Finance Act, 1980

Amendment of section 8 of Value-Added Tax Act, 1972.

81.—With effect as on and from the 1st day of May, 1980, section 8 of the Value-Added Tax Act, 1972 (inserted by the Value-Added Tax (Amendment) Act, 1978 ), is hereby amended—

(a) by the substitution of the following paragraph for paragraph (e) of subsection (3):

“(e) a person, other than a person to whom paragraph (a), (b), (c) or (d) applies, for whose supply of taxable goods and services the total consideration has not exceeded and is not likely to exceed £3,000 in any period consisting of 6 consecutive taxable periods”, and

(b) by the insertion in subsection (4), after “(3) (b) (iii)” of “, (3) (e)” and the substitution of “any one” for “either” where it occurs in that subsection and the subsection as so amended is set out in the Table to this section.


(4) Where, by virtue of subsection (3) or (6), a person has not been a taxable person and a change of circumstances occurs which continues beyond the end of the taxable period next after the taxable period or the period referred to in subsection (3) (b) (iii), (3) (e) or (9), as the case may be, during which such change occurs whereby he can no longer be deemed, for the purposes of this Act, not to be a taxable person by virtue of any one of those subsections, he shall be deemed, for those purposes, to be a taxable person immediately after the end of the first mentioned taxable period.