View the most recent Value Added Tax advice.
| From 1 April | 2017 |
|---|---|
| Standard rate | 20% |
| Reduced rate eg on domestic fuel | 5% |
| From 1 April | 2017 |
|---|---|
| Registration level | £85,000 |
| Deregistration | £83,000 |
| Flat rate scheme turnover limit | £150,000 |
| Cash and annual accounting schemes turnover limits | £1,350,000 |
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