CISR17290 - The Scheme: secondary legislation:
regulation 28
This regulation deals with the minimum amounts required to
satisfy the turnover test: to be read in conjunction with
FA04/SCH11.
- For the purposes of FA04/SCH11/PARA3(1), the
minimum turnover is £30,000: SI2005/2045 reg 28(1).
- For the purposes of FA04/SCH11/PARA7, the amount
specified is £200,000: SI2005/2045 reg 28(2).
- For the purposes of FA04/SCH11/PARA11, the amount
specified is £200,000: SI2005/2045 reg 28(3).
ENABLING PROVISION – FA04/SCH11, paras 3(1), 7(1) &
11(2)
