|
Standard Rate - up to
03.01.2011
17.5%
- from 04.01.2011
20%
Reduced Rate -
5%
Vat
Thresholds
If annual turnover less than-
£73'000 from 01/04/11 - registration
not necessary
£70'000 from 01/04/11 - deregistration
possible
£1'350'000 - eligible to use the Cash
Accounting Scheme
£1'350'000 - eligible to use the
Annual Accounting Scheme
£150'000 - eligible to use the Flat
Rate Scheme
|