Value Added Tax
| Registration level from 1/4/10 | £70,000 |
|---|---|
| Standard rate from 1/1/10 | 17.5% |
| Reduced rate, eg on domestic fuel | 5% |
| Flat rate scheme turnover limit | £150,000 |
| Cash and annual accounting schemes turnover limit | £1,350,000 |
| Registration level from 1/4/10 | £70,000 |
|---|---|
| Standard rate from 1/1/10 | 17.5% |
| Reduced rate, eg on domestic fuel | 5% |
| Flat rate scheme turnover limit | £150,000 |
| Cash and annual accounting schemes turnover limit | £1,350,000 |