[F1 PART VIIA U.K.FLAT-RATE SCHEME FOR SMALL BUSINESSES

Textual Amendments

F1 Pt. 7A inserted (25.4.2002) by The Value Added Tax (Amendment) (No. 2) Regulations 2002 (S.I. 2002/1142), regs. 1(2), 7

Termination by the Commissioners U.K.

55P.   The Commissioners may terminate the authorisation of a flat-rate trader at any time if—

(a) they consider it necessary to do so for the protection of the revenue, or

(b) a false statement was made by, or on behalf of, him in relation to his application for authorisation.]