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Value Added Tax

March 4, 2021
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Value Added Tax


Standard rate

20%

Domestic fuel

5%

Reduced rate on hospitality, holiday accommodation and   attractions:  15/7/2030/9/21:

1/10/2131/3/22:

5%

12½%

Since 1/4/17: Registration level £85,000

Deregistration £83,000

Flat rate scheme turnover limit

£150,000

Cash and annual accounting schemes turnover limit

£1,350,000

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