S.I. No. 93/1992 - Value-Added Tax (Determination of Tax Due by Reference To Moneys Received) (Amendment) Regulations, 1992. Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.
- ie)Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile Reachtaíocht Achtanna an Oireachtais Ionstraimí Reachtúla Reachtaíocht Réamh-1922 Bunreacht Acmhainní Seachtracha Billí (Tithe an Oireachtais) Iris Oifigiúil Achtanna Athbhreithnithe (CAD) (An Coimisiún um Athchóiriú an Dlí) Liosta Rangaithe Reachtaíochta Aistriúcháin (achtanna.
- ie)Aistriúcháin (Tithe an Oireachtais) Foilseacháin Rialtais ar Díol Dlí AE (EUR-Lex) CCanna (Ceisteanna Coitianta) Séanadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(
- s)or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile Statutory InstrumentsIonstraimí Reachtúla 1992 S.I. No. 93/1992 - Value-Added Tax (Determination of Tax Due by Reference To Moneys Received) (Amendment) Regulations, 1992. S.I. No. 93/1992 - Value-Added Tax (Determination of Tax Due by Reference To Moneys Received) (Amendment) Regulations, 1992. AmendmentsLeasuithe S.I. No. 93 of 1992. VALUE-ADDED TAX (DETERMINATION OF TAX DUE BY REFERENCE TO MONEYS RECEIVED) (AMENDMENT) REGULATIONS, 1992. The Revenue Commissioners, in exercise of the powers conferred on them by sections 14 and 32 of the Value-Added Tax Act, 1972 (No. 22 of 1972), hereby make the following Regulations: 1. These Regulations may be cited as the Value-Added Tax (Determination of Tax Due by reference to Moneys Received) (Amendment) Regulations, 1992. 2. Regulation 3 of the Value-Added Tax (Determination of Tax Due by reference to Moneys Received) Regulations, 1986 ( S.I. No. 298 of 1986 ) is hereby amended by the substitution of the following paragraph for paragraph
(10): "
(10)Where an adjustment of liability as provided for in paragraph
(6)or
(7)is to be made by reason of the cesser in a taxable period of an authorisation under paragraph
(3), in no case shall an aforementioned adjustment be made by reason of that cesser for any taxable period which ends on a date which is more than six years before the date of cessation of the taxable period immediately preceding that in which the aforementioned cesser took place, and in no case shall an adjustment be made for any taxable period if that adjustment would, apart from this paragraph, be made by reason only of a cesser resulting from the death of the taxable person.". GIVEN this 16th day of April, 1992. F. CASSELLS, Revenue Commissioner. EXPLANATORY NOTE. These Regulations amend the Value-Added Tax (Determination of Tax Due by reference to Moneys Received) Regulations, 1986 ( S.I. No. 298 of 1986 ) which deal with the terms and conditions relating to the operation of the moneys received basis of accounting for VAT. The amendment substitutes a new paragraph for paragraph
(10)of Regulation 3 of the Principal Regulations which deals with the adjustment of liability following a change in the basis of accounting. The amendment means that an adjustment is required in all cases of a change from the moneys received to the invoice basis of accounting. This adjustment will be calculated by reference either to the position at the time of authorisation for use of the moneys received basis of accounting or to the position that existed six years previous to the change of basis, whichever is the later. As at present, no adjustment will be required where the cessation of use of the moneys received basis of accounting results from the death of the taxable person. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais