Value Added Tax
From 1st April 2019 | From 1st April 2018 | |
Rates of Tax | ||
Standard rate | 20% | 20% |
Reduced rate | 5% | 5% |
VAT fraction | 1/6 | 1/6 |
From 1st April 2019 | From 1st April 2018 | |
Annual Turnover Limits | ||
Registration | £85,000 | £85,000 |
Deregistration | £83,000 | £83,000 |