Value Added Tax |
| |
| Standard Rate |
17.5% |
| Reduced rate, eg on domestic fuel |
5% |
| Registration level from 01.04.05 |
£60,000 |
| Cash and annual accounting turnover
limit |
£660,000 |
| Flat rate scheme turnover limit |
£150,000 |
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| © Copyright March 2005, subject to Finance Act |
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