Value Added Tax
Tax Tables
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| From 4th January 2011 | From 1st January 2010 | ||
| Rates of Tax | |||
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20% | 17.5% | |
| Reduced rate (including fuel and power) | 5.00% | 5.00% | |
| VAT as a fraction of gross price | 1/6 | 7/47 | |
| From 1st April 2011 | From 1st April 2010 | ||
| Annual Turnover Limits | |||
| Registration | £73,000 | £70,000 | |
| Deregistration | £71,000 | £68,000 | |
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