Value Added Tax 2014
| Standard rate | 20% |
| Reduced rate, e.g. on domestic fuel | 5% |
| Registration level from 1/4/14 | £81,000 |
| Deregistration level from 1/4/14 | £79,000 |
| Flat rate scheme turnover limit | £150,000 |
| Cash and annual accounting schemes turnover limit | £1,350,000 |