NEWS

Value Added Tax

November 1, 2021


Value Added Tax



NEWS

Value Added Tax


Standard rate

20%

Domestic fuel

5%

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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PLEASE NOTE: By the very nature of this type of information the details of tax law might have changed since they were published, so contact your Barnes Roffe partner before acting on any matter contained in these documents.