The Value Added Tax (Cash Accounting) (Amendment) Regulations 1993
These Regulations which come into force on 1st April 1993 amend the Value Added Tax (Cash Accounting) Regulations 1987 by—increasing from £300,000 to £350,000 the value of taxable supplies in a year for the purposes of admission to, and remaining in, the cash accounting scheme; anddispensing with the need for formal authorisation by the Commissioners of Customs and Excise for admission to the scheme.